Plan Ledger DOL Form 5500 · updated monthly

Girtz Industries Inc401(k)

GIRTZ INDUSTRIES INC 401K PROFIT SHARING PLAN AND TRUST · MONTICELLO, IN · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Girtz Industries Inc reported $50,121 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $1,362 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 0.70% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (968th of 1,562), and 9,507th of 13,661 in manufacturing. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has grown from 103 to 119 since 2022.

Plan summary
Net assets, end of year$8,382,089
Participants with balances121
Active participants119
Employer contributions$162,022
Employee contributions$434,602
Employer contribution per active participant$1,362
Average account balance$69,273
Benefits paid to participants$254,001
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 121 accts · $162K emplr
2023$7.1M · 114 accts · $146K emplr
2022$5.8M · 106 accts · $127K emplr
The Girtz Industries Inc 401(k) match · 2024
Employer contribution per active participant$1,362
Median for plans this size$1,313
2024$1,362 per active participant
2023$1,363 per active participant
2022$1,232 per active participant

Girtz Industries Inc's 2024 employer contribution ran above the $1,313 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 · 20241
FIRST MERCHANTS TRUST CO · Trustee · Investment management$50,895

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$50,121 · 0.65%
2023$44,669 · 0.69%
2022$42,969 · 0.70%
Same employer
Similar plansManufacturing · Indiana
D & M Tool Corporation IN$8.7M · 0.41%
Global Plastics, Inc. IN$8.6M · 0.56%
Sullivan-Palatek, Inc. IN$8.4M · 0.35%
Hardingpoorman, Inc. IN$8.2M · 0.53%
Priority Plastics Inc. IN$8.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351517135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.