Plan Ledger DOL Form 5500 · updated monthly

Graham Enterprise, Inc.401(k)

GRAHAM ENTERPRISE 401(K) PROFIT SHARING PLAN · VERNON HILLS, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Graham Enterprise, Inc. reported $80,862 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,065 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 3 years on file its reported administrative ratio has held roughly steady near 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,445th-largest of 3,702 plans among Illinois employers on file, and the 1,164th of 5,215 in retail trade. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves; active participation has grown from 181 to 223 since 2022.

Plan summary
Net assets, end of year$26,141,010
Participants with balances341
Active participants223
Employer contributions$683,492
Employee contributions$560,185
Employer contribution per active participant$3,065
Average account balance$76,660
Benefits paid to participants$1,550,243
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 341 accts · $683K emplr
2023$23.5M · 312 accts · $638K emplr
2022$19.7M · 282 accts · $555K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,734
Investment management$47,128
Total administrative$80,862
The Graham Enterprise, Inc. 401(k) match · 2024
Employer contribution per active participant$3,065
Median for plans this size$2,416
2024$3,065 per active participant
2023$3,289 per active participant
2022$3,068 per active participant

Graham Enterprise, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
CORRELL CO. · Recordkeeping$33,734
UBS FINANCIAL SERVICES INC.$47,128

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

Recordkeeper by year2
2024CORRELL CO.
2023CORRELL CO.

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Administrative cost history3
2024$80,862 · 0.33%
2023$70,185 · 0.32%
2022$69,059 · 0.31%
Similar plansRetail Trade · Illinois
Currie/Curfin Motors IL$29.9M · 0.32%
Uftring Chevrolet, Inc. IL$26.6M · 0.45%
School Health Corporation IL$26.4M · 0.35%
Anderson Nissan Inc. IL$24.7M · 0.38%
B2B Industrial Packaging IL$24.2M · 0.63%
McGrath Enterprises, Inc. IL$24.0M · 0.10%
Daiohs USA, Inc. IL$23.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363728266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.