Plan Ledger DOL Form 5500 · updated monthly

Graham Corporation401(k)

GRAHAM CORPORATION INCENTIVE SAVINGS PLAN · BATAVIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Graham Corporation reported $192,368 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $6,317 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 0.07% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 811th-largest of 5,648 plans among New York employers on file, and the 1,947th of 13,661 in manufacturing. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 507 to 591 since 2022.

Plan summary
Net assets, end of year$97,737,227
Participants with balances795
Active participants591
Employer contributions$3,733,567
Employee contributions$5,306,480
Employer contribution per active participant$6,317
Average account balance$122,940
Benefits paid to participants$9,304,931
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.7M · 795 accts · $3.7M emplr
2023$85.6M · 740 accts · $3.2M emplr
2022$68.2M · 701 accts · $2.7M emplr
The Graham Corporation 401(k) match · 2024
Employer contribution per active participant$6,317
Median for plans this size$3,635
2024$6,317 per active participant
2023$5,804 per active participant
2022$5,389 per active participant

Graham Corporation's 2024 employer contribution ran above the $3,635 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$121,761
SAGEVIEW ADVISORY GROUP LLC · Consulting$49,189
FREED MAXICK · Accounting / audit$23,200
HARTER SECREST & EMERY LLP · Consulting$8,468

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$192,368 · 0.21%
2023$101,545 · 0.13%
2022$51,705 · 0.07%
Same employer
Similar plansManufacturing · New York
Howden USA NY$101.0M · 0.12%
Sugar Foods Corp. NY$100.3M · 0.05%
Protective Industries, Inc. NY$97.6M · 0.17%
Nissha USA, Inc. NY$97.0M · 0.04%
Derrick Corporation NY$95.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161194720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.