Plan Ledger DOL Form 5500 · updated monthly

Graco Interests, Inc.401(k)

GRACO INTERESTS, INC. PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Graco Interests, Inc. reported $17,738 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $7,236 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 0.08% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,796th-largest of 5,688 plans among Texas employers on file, and 2,819th of 5,337 in construction. In 2024, the employer put in $1.56 for every $1.00 employees contributed themselves; active participation has grown from 123 to 139 since 2022.

Plan summary
Net assets, end of year$11,959,370
Participants with balances191
Active participants139
Employer contributions$1,005,819
Employee contributions$646,365
Employer contribution per active participant$7,236
Average account balance$62,615
Benefits paid to participants$2,819,564
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 191 accts · $1.0M emplr
2023$11.7M · 183 accts · $680K emplr
2022$9.7M · 166 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,738
Total administrative$17,738
The Graco Interests, Inc. 401(k) match · 2024
Employer contribution per active participant$7,236
Median for plans this size$2,416
2024$7,236 per active participant
2023$5,194 per active participant
2022$989 per active participant

Graco Interests, 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.

Service providers · 20241

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$17,738 · 0.15%
2023$12,746 · 0.12%
2022$10,570 · 0.08%
Similar plansConstruction · Texas
Russell Marine LLC TX$12.1M · 0.49%
History Maker Homes TX$12.1M · 0.46%
Scott Felder Homes LLC TX$11.7M · 0.21%
Flooring Services, LLC TX$11.7M · 0.32%
Oht Partners, LLC TX$11.7M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741484850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.