Plan Ledger DOL Form 5500 · updated monthly

Generant Company, Inc.ESOP

GENERANT COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · BUTLER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Generant Company, Inc. reported $2,200 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,145 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 0.014% to 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 976th-largest of 2,419 plans among New Jersey employers on file, and the 5,349th of 13,661 in manufacturing. active participation has shrunk from 208 to 174 since 2022.

Plan summary
Net assets, end of year$23,505,208
Participants with balances182
Active participants174
Employer contributions$721,194
Employee contributions—
Employer contribution per active participant$4,145
Average account balance$129,149
Benefits paid to participants$1,207,862
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 182 accts · $721K emplr
2023$23.2M · 200 accts · $736K emplr
2022$19.0M · 206 accts · $1.2M emplr
Employer contributions to the Generant Company, Inc. plan · 2024
Employer contribution per active participant$4,145
Median for plans this size$2,416
2024$4,145 per active participant
2023$4,086 per active participant
2022$6,003 per active participant

Generant Company, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$2,200 · 0.01%
2023$1,900 · 0.01%
2022$2,200 · 0.01%
All plans at this employer2
GENERANT COMPANY, INC. 401(K) PROFIT SHARING PLAN AND TRUST401(k)
GENERANT COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansManufacturing · New Jersey
Grt US Holding, Inc. NJ$23.7M · 0.56%
Strato, Inc. NJ$23.6M · 0.41%
Englert, Inc. NJ$23.5M · 0.26%
Johanna Foods, Inc. NJ$23.0M · 0.19%
Ware Industries, Inc. NJ$22.9M · 0.34%
Chemglass, Inc NJ$21.9M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 221730345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.