Plan Ledger DOL Form 5500 · updated monthly

Grange Insurance Association401(k)

GRANGE INSURANCE ASSOCIATION SAVINGS & INVESTMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Grange Insurance Association reported $28,289 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,953 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 0.11% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 334th-largest of 1,714 plans among Washington employers on file, and the 1,629th of 4,798 in finance & insurance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$51,451,255
Participants with balances251
Active participants185
Employer contributions$1,841,393
Employee contributions$1,498,211
Employer contribution per active participant$9,953
Average account balance$204,985
Benefits paid to participants$6,508,346
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.5M · 251 accts · $1.8M emplr
2023$47.8M · 257 accts · $1.5M emplr
2022$42.6M · 255 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,655
Investment management$13,634
Total administrative$28,289
The Grange Insurance Association 401(k) match · 2024
Employer contribution per active participant$9,953
Median for plans this size$2,416
2024$9,953 per active participant
2023$8,047 per active participant
2022$7,747 per active participant

Grange Insurance Association'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,655
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,634

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$28,289 · 0.06%
2023$34,082 · 0.08%
2022$54,874 · 0.11%
Same employer
Similar plansFinance & Insurance · Washington
Sound Credit Union WA$58.3M · 0.22%
Remitly, Inc. WA$57.1M · 0.12%
Harborstone Credit Union WA$54.2M · 0.34%
Fibre Federal Credit Union WA$49.6M · 0.32%
Coastal Community Bank WA$45.4M · 0.27%
Brighton Jones, LLC WA$44.9M · 0.00%
Iq Credit Union WA$42.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 916025140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.