Plan Ledger DOL Form 5500 · updated monthly

Grange Insurance Company401(k)

GRANGE ENTERPRISE INCENTIVE SAVINGS PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Grange Insurance Company reported $239,558 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $7,039 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 0.08% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 128th-largest of 3,295 plans among Ohio employers on file, and the 363rd of 4,798 in finance & insurance. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$395,995,768
Participants with balances1,813
Active participants1,162
Employer contributions$8,179,162
Employee contributions$13,752,261
Employer contribution per active participant$7,039
Average account balance$218,420
Benefits paid to participants$46,755,308
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$396.0M · 1,813 accts · $8.2M emplr
2023$372.6M · 1,869 accts · $6.5M emplr
2022$329.0M · 1,918 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,069
Investment management$103,489
Total administrative$239,558
The Grange Insurance Company 401(k) match · 2024
Employer contribution per active participant$7,039
Median for plans this size$4,294
2024$7,039 per active participant
2023$5,643 per active participant
2022$5,093 per active participant

Grange Insurance Company's 2024 employer contribution ran above the $4,294 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$136,069
VANGUARD ADVISERS INC. · Investment advisory (participants)$103,489

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$239,558 · 0.06%
2023$259,166 · 0.07%
2022$274,334 · 0.08%
Same employer
Similar plansFinance & Insurance · Ohio
Broadstreet Partners, Inc. OH$513.6M · 0.05%
Worldpay, LLC OH$407.0M · 0.03%
Crosscountry Mortgage, LLC OH$340.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314192970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.