Plan Ledger DOL Form 5500 · updated monthly

Gray Manufacturing Company, Inc.401(k)

GRAY MANUFACTURING COMPANY, INC. RETIREMENT PLAN · ST JOSEPH, MO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Gray Manufacturing Company, Inc. reported $14,015 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,807 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 0.36% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 486th-largest of 1,393 plans among Missouri employers on file, and the 4,852nd of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,107,833
Participants with balances260
Active participants221
Employer contributions$620,407
Employee contributions$1,496,270
Employer contribution per active participant$2,807
Average account balance$104,261
Benefits paid to participants$1,150,365
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 260 accts · $620K emplr
2023$23.4M · 285 accts · $608K emplr
2022$19.1M · 275 accts · $508K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,850
Investment management$6,965
Total administrative$14,015
The Gray Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,807
Median for plans this size$2,416
2024$2,807 per active participant
2023$2,423 per active participant
2022$2,072 per active participant

Gray Manufacturing Company, 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants) · Investment management$7,668
CLIFTONLARSONALLEN LLP$6,043
CBIZ INVESTMENT ADVISORY SERVICES, · Investment advisory (participants)$143

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$14,015 · 0.06%
2023$16,903 · 0.08%
2022$76,422 · 0.36%
Same employer
Similar plansManufacturing · Missouri
W. W. Wood Products, Inc. MO$29.4M · 0.81%
Havco Wood Products LLC MO$29.0M · 0.37%
National Cart Co., LLC MO$28.6M · 0.38%
Weber, Inc. MO$28.3M · 0.06%
Window Technology, Inc. MO$26.8M · 0.01%
Supplylogic, LLC dba Slwm MO$26.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431293208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.