Plan Ledger DOL Form 5500 · updated monthly

Graco Fishing & Rental Tools, Inc.401(k)

GRACO FISHING & RENTAL TOOLS, INC. 401(K) AND PROFIT SHARING PLAN · FRISCO, TX · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Graco Fishing & Rental Tools, Inc. reported $41,364 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,221 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 rose from 0.28% to 0.36%. 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 2,842nd-largest of 5,688 plans among Texas employers on file, and 8,124th of 13,661 in manufacturing. In 2024, employees put in $4.28 for every $1.00 the employer contributed; active participation has grown from 196 to 232 since 2022.

Plan summary
Net assets, end of year$11,672,605
Participants with balances288
Active participants232
Employer contributions$283,250
Employee contributions$1,212,369
Employer contribution per active participant$1,221
Average account balance$40,530
Benefits paid to participants$2,217,770
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA, PLCC
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 288 accts · $283K emplr
2023$11.2M · 265 accts · $463K emplr
2022$9.1M · 244 accts · $462K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,195
Investment management$4,419
Audit (IQPA)$9,750
Total administrative$41,364
The Graco Fishing & Rental Tools, Inc. 401(k) match · 2024
Employer contribution per active participant$1,221
Median for plans this size$2,416
2024$1,221 per active participant
2023$2,194 per active participant
2022$2,357 per active participant

Graco Fishing & Rental Tools, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,195
PRICEKUBECKA, PLLC · Accounting / audit$9,750

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$41,364 · 0.36%
2023$42,444 · 0.42%
2022$26,776 · 0.28%
Same employer
Similar plansManufacturing · Texas
Naterra International, Inc. TX$11.9M · 0.65%
Eurecat U.S., Inc. TX$11.9M · 0.04%
Estech Systems, Inc TX$11.6M · 0.09%
McKinley Packaging, Inc. TX$11.6M · 0.58%
Delta Centrifugal, LLC TX$11.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751624756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.