Plan Ledger DOL Form 5500 · updated monthly

Granicus, LLC401(k)

GRANICUS, LLC 401(K) · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Granicus, LLC reported $201,126 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,073 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 0.48% to 0.39%. 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 433rd-largest of 1,918 plans among Minnesota employers on file, and the 2,466th of 11,654 in professional & technical services. In 2024, employees put in $5.03 for every $1.00 the employer contributed; active participation has grown from 980 to 1,169 since 2022.

Plan summary
Net assets, end of year$57,143,270
Participants with balances1,200
Active participants1,169
Employer contributions$1,254,917
Employee contributions$6,316,782
Employer contribution per active participant$1,073
Average account balance$47,619
Benefits paid to participants$5,359,205
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.1M · 1,200 accts · $1.3M emplr
2023$47.0M · 1,155 accts · $2.5M emplr
2022$34.8M · 1,223 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,263
Investment management$73,863
Total administrative$201,126
The Granicus, LLC 401(k) match · 2024
Employer contribution per active participant$1,073
Median for plans this size$3,635
2024$1,073 per active participant
2023$2,704 per active participant
2022$2,250 per active participant

Granicus, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
ASCENSUS LLC · Loan processing · Recordkeeping$127,338
WHEELER RETIREMENT PLANS, LLC · Investment advisory (plan)$73,863

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$201,126 · 0.39%
2023$167,392 · 0.41%
2022$169,035 · 0.48%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 411941088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.