Plan Ledger DOL Form 5500 · updated monthly

Grannas Brothers401(k)

GRANNAS BROTHERS RETIREMENT PLAN · HOLLIDAYSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Grannas Brothers reported $1,120 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,149 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (1,875th of 3,651), and the 2,492nd of 5,337 in construction. In 2024, the employer put in $4.76 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,785,269
Participants with balances113
Active participants112
Employer contributions$1,024,701
Employee contributions$215,268
Employer contribution per active participant$9,149
Average account balance$130,843
Benefits paid to participants$586,106
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG, OAKES, BROWN & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 113 accts · $1.0M emplr
2023$12.6M · 116 accts · $954K emplr
2022$11.5M · 122 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,120
Total administrative$1,120
The Grannas Brothers 401(k) match · 2024
Employer contribution per active participant$9,149
Median for plans this size$2,416
2024$9,149 per active participant
2023$8,919 per active participant
2022$9,660 per active participant

Grannas Brothers's 2024 employer contribution ran above the $2,416 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
NATIONWIDE · Trustee$19,918
ASSURED PARTNERS NE LLC$1,193
NEXT FINANCIAL GROUP · Investment advisory (plan)indirect comp

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$1,120 · 0.01%
2023$2,485 · 0.02%
2022$1,900 · 0.02%
Similar plansConstruction · Pennsylvania
Bath Saver, Inc. PA$15.0M · 0.57%
Dual Temp Company, Inc. PA$14.9M · 0.35%
Geo. W. Kistler, Inc PA$14.8M · 0.41%
Ryco Inc. PA$14.2M

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 231567643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.