Plan Ledger DOL Form 5500 · updated monthly

Gg Brands Company401(k)

GG BRANDS COMPANY SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Gg Brands Company reported $165,279 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,162 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 0.35% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 546th-largest of 3,295 plans among Ohio employers on file, and the 2,722nd of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 753 to 841 since 2022.

Plan summary
Net assets, end of year$61,901,224
Participants with balances947
Active participants841
Employer contributions$2,659,598
Employee contributions$5,947,327
Employer contribution per active participant$3,162
Average account balance$65,366
Benefits paid to participants$5,249,262
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.9M · 947 accts · $2.7M emplr
2023$50.4M · 898 accts · $2.3M emplr
2022$38.5M · 939 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,279
Investment management$50,000
Total administrative$165,279
The Gg Brands Company 401(k) match · 2024
Employer contribution per active participant$3,162
Median for plans this size$3,635
2024$3,162 per active participant
2023$3,105 per active participant
2022$3,009 per active participant

Gg Brands Company's 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$115,279
NFP RETIREMENT INC · Investment advisory (plan)$50,000

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

Administrative cost history3
2024$165,279 · 0.29%
2023$146,708 · 0.33%
2022$136,600 · 0.35%
Same employer
Similar plansManufacturing · Ohio
Sugar Creek Packing Co. OH$63.2M · 0.26%
Pilot Chemical Company OH$62.5M · 0.02%
Fuyao Glass America Inc. OH$60.4M · 0.51%
Kalmbach Feeds, Inc. OH$59.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824061475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.