Plan Ledger DOL Form 5500 · updated monthly

Gaf LLC401(k)

GAF LLC 401(K) PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Gaf LLC reported $572,871 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $7,911 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.08% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 61st-largest of 2,419 plans among New Jersey employers on file, and the 304th of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 4,813 to 5,533 since 2022.

Plan summary
Net assets, end of year$1,109,663,394
Participants with balances6,916
Active participants5,533
Employer contributions$43,769,194
Employee contributions$56,711,195
Employer contribution per active participant$7,911
Average account balance$160,449
Benefits paid to participants$85,269,059
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 6,916 accts · $43.8M emplr
2023$950.8M · 6,326 accts · $39.3M emplr
2022$788.7M · 5,954 accts · $35.0M emplr
The Gaf LLC 401(k) match · 2024
Employer contribution per active participant$7,911
Median for plans this size$5,259
2024$7,911 per active participant
2023$7,806 per active participant
2022$7,281 per active participant

Gaf LLC's 2024 employer contribution ran above the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$391,831
VANGUARD ADVISERS INC. · Investment advisory (participants)$213,949

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$572,871 · 0.06%
2023$594,797 · 0.07%
2022$699,087 · 0.08%
All plans at this employer2
GAF LLC 401(K) PLAN401(k)
GAF LLC UNION CAPITAL ACCUMULATION PLAN401(k)
Same employer
Similar plansManufacturing · New Jersey
Reckitt Benckiser LLC NJ$1.3B · 0.02%
Kenvue Inc. NJ$1.3B
Lonza USA Inc. NJ$1.2B · 0.05%
Church & Dwight Co., Inc. NJ$975.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811181107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.