Plan Ledger DOL Form 5500 · updated monthly

Grand & Benedicts, Inc.401(k)

GRAND & BENEDICTS, INC. SALARY REDUCTION PROFIT SHARING PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Grand & Benedicts, Inc. reported $938 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,601 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 0.004% to 0.004%. 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 280th-largest of 1,021 plans among Oregon employers on file, and the 1,053rd of 5,215 in retail trade. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 79 to 96 since 2022.

Plan summary
Net assets, end of year$29,525,903
Participants with balances131
Active participants96
Employer contributions$537,660
Employee contributions$854,867
Employer contribution per active participant$5,601
Average account balance$225,389
Benefits paid to participants$876,308
Plan auditUnmodified (clean) audit opinion
AuditorDOUGALL CONRADIE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$29.5M · 131 accts · $538K emplr
2023$23.9M · 125 accts · $487K emplr
2022$19.0M · 124 accts · $412K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$938
Total administrative$938
The Grand & Benedicts, Inc. 401(k) match · 2024
Employer contribution per active participant$5,601
Median for plans this size$2,416
2024$5,601 per active participant
2023$5,729 per active participant
2022$5,215 per active participant

Grand & Benedicts, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$938

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$938 · 0.00%
2023$1,044 · 0.00%
2022$931 · 0.00%
Similar plansRetail Trade · Oregon
Powell's Books, Inc. OR$30.5M · 0.46%
Miller Paint Co. OR$27.8M · 0.03%
Lanphere Enterprises, Inc. OR$27.5M · 0.38%
Hanna Andersson, LLC OR$23.9M · 0.38%
Carr Auto Group, Inc. OR$22.7M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930495863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.