Plan Ledger DOL Form 5500 · updated monthly

Graf Brothers Flooring, Inc.401(k)

GRAF BROTHERS FLOORING, INC. 401(K) PLAN · SOUTH SHORE, KY · plan year 2022

Reported admin expense ratio · 2022
0.83%

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

Graf Brothers Flooring, Inc. reported $31,710 in plan administrative expenses for 2022: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $452 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (706th of 871), and 11,953rd of 13,661 in manufacturing. In 2022, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,605,745
Participants with balances32
Active participants147
Employer contributions$66,510
Employee contributions$120,275
Employer contribution per active participant$452
Average account balance$112,680
Benefits paid to participants$20,525
Plan auditUnmodified (clean) audit opinion
AuditorKELLY GALLOWAY SMITH GOOLSBY, PSC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,710
Total administrative$31,710
The Graf Brothers Flooring, Inc. 401(k) match · 2022
Employer contribution per active participant$452
Median for plans this size$1,114

Graf Brothers Flooring, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,710 · 0.83%
Same employer
Similar plansManufacturing · Kentucky
Camco Chemical Co., Inc. KY$3.8M · 0.75%
Sunspring America, Inc. KY$3.7M · 0.35%
Mid-Park, Inc. KY$3.6M · 0.06%
Anderson Manufacturing KY$3.4M · 1.01%
Univance, Inc. KY$3.0M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743072996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.