Plan Ledger DOL Form 5500 · updated monthly

Granger Waste Services, Inc.401(k)

GRANGER 401(K) AND PROFIT SHARING PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Granger Waste Services, Inc. reported $104,635 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $9,910 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 0.05% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 382nd-largest of 2,619 plans among Michigan employers on file, and the 2,008th of 11,654 in professional & technical services. In 2024, the employer put in $1.89 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$72,231,836
Participants with balances433
Active participants350
Employer contributions$3,468,560
Employee contributions$1,834,311
Employer contribution per active participant$9,910
Average account balance$166,817
Benefits paid to participants$9,634,283
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.2M · 433 accts · $3.5M emplr
2023$67.4M · 430 accts · $4.2M emplr
2022$70.4M · 504 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,523
Investment management$65,112
Total administrative$104,635
The Granger Waste Services, Inc. 401(k) match · 2024
Employer contribution per active participant$9,910
Median for plans this size$3,635
2024$9,910 per active participant
2023$11,683 per active participant
2022$9,406 per active participant

Granger Waste Services, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
MIDWEST CAPITAL ADVISORS LLC · Investment advisory (plan)$49,088
EMPOWER ADVISORY GROUP, LLC · Investment management$16,024

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$104,635 · 0.15%
2023$115,497 · 0.17%
2022$42,995 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Michigan
Altarum Institute MI$79.9M · 0.14%
Ricardo, Inc. MI$77.6M · 0.15%
Brooks Kushman P.C. MI$76.0M · 0.09%
Msx International Rns, LLC MI$70.4M · 0.17%
Benesys, Inc. MI$70.1M · 0.21%
Stefanini MI$69.7M · 0.20%
Hirotec America, Inc. MI$67.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383445177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.