Plan Ledger DOL Form 5500 · updated monthly

Grandville Printing Co., Inc.401(k)

GRANDVILLE PRINTING CO. 401(K) SAVINGS PLAN · GRANDVILLE, MI · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Grandville Printing Co., Inc. reported $5,560 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,584 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 0.03% to 0.17%. 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 986th-largest of 2,619 plans among Michigan employers on file, and the 5,674th of 13,661 in manufacturing. In 2022, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,382,774
Participants with balances285
Active participants229
Employer contributions$362,808
Employee contributions$837,682
Employer contribution per active participant$1,584
Average account balance$75,027
Benefits paid to participants$1,768,951
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 252 accts · $178K emplr
2023$19.0M · 269 accts · $356K emplr
2022$21.4M · 285 accts · $363K emplr
Administrative expenses, itemized · 2022
Investment management$6,643
Total administrative$5,560
The Grandville Printing Co., Inc. 401(k) match · 2022
Employer contribution per active participant$1,584
Median for plans this size$2,266
2024$900 per active participant
2023$1,714 per active participant
2022$1,584 per active participant

Grandville Printing Co., Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$31,886 · 0.17%
2023$48,945 · 0.24%
2022$5,560 · 0.03%
Same employer
Similar plansManufacturing · Michigan
Hougen Manufacturing Inc MI$22.3M · 0.01%
Toyo Seat USA Corporation MI$22.2M · 0.25%
Gt Technologies Inc. MI$22.0M · 0.14%
Blm Group USA Corp MI$21.3M · 0.17%
Humphrey Products Company MI$21.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381852255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.