Plan Ledger DOL Form 5500 · updated monthly

Ggb, LLC401(k)

THE TIMKEN GGB SAVINGS AND INVESTMENT RETIREMENT PLAN FOR BARGAINING ASSOCIATES · THOROFARE, NJ · plan year 2025

Reported admin expense ratio · 2025
0.10%

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

Ggb, LLC reported $9,052 in plan administrative expenses for 2025: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,593 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 0.15% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,497th of 2,419), and 8,718th of 13,661 in manufacturing. In 2025, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,136,202
Participants with balances190
Active participants174
Employer contributions$799,221
Employee contributions$863,242
Employer contribution per active participant$4,593
Average account balance$53,348
Benefits paid to participants$643,920
Plan auditUnmodified (clean) audit opinion
AuditorBOBER, MARKEY & FEDOROVICH
Plan history4
Yearassets · accounts · employer contribution
2025$10.1M · 190 accts · $799K emplr
2024$7.6M · 199 accts · $775K emplr
2023$6.8M · 175 accts · $786K emplr
2022$79K · 136 accts · $43K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$9,052
Total administrative$9,052
The Ggb, LLC 401(k) match · 2025
Employer contribution per active participant$4,593
Median for plans this size$1,464
2025$4,593 per active participant
2024$4,260 per active participant
2023$4,540 per active participant
2022$271 per active participant

Ggb, LLC's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$9,052

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

Recordkeeper by year3
2025Empower
2024Empower
2023Empower

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

Administrative cost history4
2025$9,052 · 0.10%
2024$7,548 · 0.10%
2023$5,212 · 0.15%
2022Not separately reported
Similar plansManufacturing · New Jersey
Eos Energy Storage LLC NJ$10.6M · 1.78%
Food Sciences Corporation NJ$10.4M · 0.47%
F&S Produce Co., Inc. NJ$10.4M · 0.29%
Fsr Incorporated NJ$10.1M · 0.03%
Upfield Sourcing US, Inc. NJ$10.0M · 0.71%
Soda Stream USA NJ$10.0M · 0.42%
Longchamp USA NJ$10.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223661977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.