Plan Ledger DOL Form 5500 · updated monthly

Grammer Inc.401(k)

GRAMMER 401(K) PLAN · TOLEDO, OH · plan year 2022

Reported admin expense ratio · 2022
0.59%

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

Grammer Inc. reported $192,515 in plan administrative expenses for 2022: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,118 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 fell from 0.59% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 633rd-largest of 3,295 plans among Ohio employers on file, and the 3,041st of 13,661 in manufacturing. In 2022, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,589,912
Participants with balances564
Active participants970
Employer contributions$1,084,741
Employee contributions$3,274,643
Employer contribution per active participant$1,118
Average account balance$93,245
Benefits paid to participants$11,905,415
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 420 accts · $924K emplr
2023$50.7M · 665 accts · $1.0M emplr
2022$52.6M · 564 accts · $1.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$192,515
Total administrative$192,515
The Grammer Inc. 401(k) match · 2022
Employer contribution per active participant$1,118
Median for plans this size$2,266
2024$3,726 per active participant
2023$1,266 per active participant
2022$1,118 per active participant

Grammer Inc.'s 2022 employer contribution ran below the $2,266 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 history3
2024$200,562 · 0.45%
2023$146,216 · 0.28%
2022$192,515 · 0.59%
All plans at this employer2
GRAMMER 401(K) PLAN401(k)
GRAMMER COLLECTIVE BARGAINED RETIREMENT PLAN401(k)
Same employer
Similar plansManufacturing · Ohio
Qnnect, LLC OH$54.1M · 0.15%
Advanced Composites, Inc. OH$53.2M · 0.96%
Candle-Lite Company, LLC OH$52.1M · 0.24%
Michelman, Inc. OH$50.2M · 0.07%
Gooch & Housego (Ohio) LLC. OH$50.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411280872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.