Plan Ledger DOL Form 5500 · updated monthly

Garney Holding Company401(k) + ESOP (KSOP)

GARNEY HOLDING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · NORTH KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Garney Holding Company reported $40,345 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $17,229 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 0.003% to 0.003%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 18th-largest of 1,393 plans among Missouri employers on file, and the 30th of 5,337 in construction. In 2024, the employer put in $3.33 for every $1.00 employees contributed themselves; active participation has grown from 1,827 to 2,390 since 2022.

Plan summary
Net assets, end of year$1,668,868,157
Participants with balances2,582
Active participants2,390
Employer contributions$41,176,556
Employee contributions$12,380,419
Employer contribution per active participant$17,229
Average account balance$646,347
Benefits paid to participants$73,554,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7B · 2,582 accts · $41.2M emplr
2023$1.4B · 2,281 accts · $34.8M emplr
2022$1.1B · 1,973 accts · $28.6M emplr
Administrative expenses, itemized · 2024
Investment management$40,345
Total administrative$40,345
The Garney Holding Company 401(k) match · 2024
Employer contribution per active participant$17,229
Median for plans this size$5,259
2024$17,229 per active participant
2023$16,519 per active participant
2022$15,667 per active participant

Garney Holding Company's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
VANGUARD GROUP, INC. · Recordkeeping · Loan processing$268,895
RESOURCE INVESTMENT ADVISORS · Consulting$67,973
ONEDIGITAL · Investment advisory (plan)$40,000
CHARLES SCHWAB · Consulting$345

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,345 · 0.00%
2023$40,325 · 0.00%
2022$40,187 · 0.00%
Same employer
Similar plansConstruction · Missouri
Core & Main MO$500.4M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 430990829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.