Plan Ledger DOL Form 5500 · updated monthly

Graybar Electric Company, Inc.401(k)

THE PROFIT SHARING AND SAVINGS PLAN OF GRAYBAR ELECTRIC COMPANY, INC. · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Graybar Electric Company, Inc. reported $1,092,271 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $8,433 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 0.07% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 13th-largest of 1,393 plans among Missouri employers on file, and the 24th of 4,246 in wholesale trade. In 2024, the employer put in $1.84 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,951,469,754
Participants with balances11,637
Active participants8,694
Employer contributions$73,318,502
Employee contributions$39,917,212
Employer contribution per active participant$8,433
Average account balance$167,695
Benefits paid to participants$160,867,628
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0B · 11,637 accts · $73.3M emplr
2023$1.7B · 11,353 accts · $61.4M emplr
2022$1.5B · 11,255 accts · $81.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$553,281
Investment management$384,873
Audit (IQPA)$17,850
Trustee / custodial$35,275
Total administrative$1,092,271
The Graybar Electric Company, Inc. 401(k) match · 2024
Employer contribution per active participant$8,433
Median for plans this size$5,259
2024$8,433 per active participant
2023$7,490 per active participant
2022$9,839 per active participant

Graybar Electric Company, Inc.'s 2024 employer contribution ran above the $5,259 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 · 20247
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$640,621
VANGUARD ADVISERS INC. · Investment advisory (participants)$234,873
REGIONS BANK · Investment advisory (plan)$150,000
WILLIS TOWERS WATSON US LLC · Consulting$63,000
ARMANINO LLP · Accounting / audit$14,070
ADVERTISERS PRINTING COMPANY · Participant communication$6,955
ARMSTRONG TEASDALE · Legal$5,605

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$1,092,271 · 0.06%
2023$1,085,731 · 0.07%
2022$1,105,244 · 0.07%
Same employer
Similar plansWholesale Trade · Missouri
Hallmark Cards, Inc. MO$2.1B · 0.05%
Wesco Distribution, Inc. PA$1.9B · 0.07%
Chs Inc. MN$1.8B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 130794380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.