Plan Ledger DOL Form 5500 · updated monthly

Granite Group Wholesalers, LLC401(k)

GRANITE GROUP WHOLESALERS PROFIT SHARING PLAN & TRUST · CONCORD, NH · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Granite Group Wholesalers, LLC reported $337,740 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,255 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 0.23% to 0.53%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 60th-largest of 411 plans among New Hampshire employers on file, and the 639th of 4,246 in wholesale trade. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,016,131
Participants with balances847
Active participants710
Employer contributions$1,600,704
Employee contributions$3,630,204
Employer contribution per active participant$2,255
Average account balance$76,760
Benefits paid to participants$10,469,539
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.0M · 847 accts · $1.6M emplr
2023$61.5M · 799 accts · $1.6M emplr
2022$52.5M · 800 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$202,994
Investment management$134,746
Total administrative$337,740
The Granite Group Wholesalers, LLC 401(k) match · 2024
Employer contribution per active participant$2,255
Median for plans this size$3,635
2024$2,255 per active participant
2023$2,418 per active participant
2022$2,746 per active participant

Granite Group Wholesalers, LLC's 2024 employer contribution ran below 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$105,431
RPW SOLUTIONS LLC · Contract administrator$29,315

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$337,740 · 0.53%
2023$267,390 · 0.47%
2022$130,613 · 0.23%
Same employer
Similar plansWholesale Trade · New Hampshire
C&S Wholesale Grocers, Inc. NH$750.2M · 0.19%
Irving Oil Terminals Inc. NH$81.0M · 0.05%
Pfeiffer Vacuum, Inc. NH$58.4M · 0.21%
Bauer Hockey, LLC NH$48.8M · 0.24%
The Life Is Good Company NH$28.4M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020495286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.