Plan Ledger DOL Form 5500 · updated monthly

Granges Americas Inc.401(k)

GRANGES AMERICAS INC. SAVINGS PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Granges Americas Inc. reported $278,894 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,299 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 0.09% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 167th-largest of 1,496 plans among Tennessee employers on file, and the 1,944th of 13,661 in manufacturing. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,907,869
Participants with balances1,104
Active participants905
Employer contributions$3,890,300
Employee contributions$5,538,246
Employer contribution per active participant$4,299
Average account balance$88,685
Benefits paid to participants$7,331,102
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$97.9M · 1,104 accts · $3.9M emplr
2023$84.8M · 1,111 accts · $3.8M emplr
2022$73.8M · 1,064 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,117
Total administrative$278,894
The Granges Americas Inc. 401(k) match · 2024
Employer contribution per active participant$4,299
Median for plans this size$3,635
2024$4,299 per active participant
2023$4,290 per active participant
2022$6,305 per active participant

Granges Americas Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$70,117

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$278,894 · 0.31%
2023$243,189 · 0.31%
2022$70,876 · 0.09%
Same employer
Similar plansManufacturing · Tennessee
Lallemand USA, Inc. TN$102.2M · 0.17%
Carlex Glass America, LLC TN$102.1M · 0.26%
Deroyal Industries, Inc. TN$101.4M · 0.03%
Resource Label Group LLC TN$98.7M · 0.34%
Workwear Outfitters, LLC TN$90.3M · 0.19%
Permobil, Inc TN$82.9M · 0.25%
Stratas Foods LLC TN$82.8M · 0.23%
Franke USA Holding Inc. TN$82.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371830395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.