Plan Ledger DOL Form 5500 · updated monthly

Grantworks, Inc401(k)

GRANTWORKS, INC 401(K) RETIREMENT PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Grantworks, Inc reported $47,381 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,954 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 0.30% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,615th-largest of 5,688 plans among Texas employers on file, and 6,984th of 11,654 in professional & technical services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 393 to 292 since 2022.

Plan summary
Net assets, end of year$13,408,738
Participants with balances403
Active participants292
Employer contributions$1,154,610
Employee contributions$2,235,308
Employer contribution per active participant$3,954
Average account balance$33,272
Benefits paid to participants$2,098,188
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 403 accts · $1.2M emplr
2023$10.6M · 419 accts · $1.4M emplr
2022$6.1M · 412 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,307
Investment management$10,074
Total administrative$47,381
The Grantworks, Inc 401(k) match · 2024
Employer contribution per active participant$3,954
Median for plans this size$2,416
2024$3,954 per active participant
2023$3,846 per active participant
2022$3,050 per active participant

Grantworks, Inc's 2024 employer contribution ran above the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$10,074

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$47,381 · 0.39%
2023$30,114 · 0.36%
2022$14,009 · 0.30%
Similar plansProfessional & Technical Services · Texas
Axiom Professionals, LLC TX$13.5M · 0.64%
Point of Rental, Inc. TX$13.4M · 0.17%
Calian Corp TX$13.4M · 0.47%
Boka Powell, LLC TX$13.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760446220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.