Plan Ledger DOL Form 5500 · updated monthly

Graymont, Inc.401(k)

GRAYMONT U. S. NON-UNION 401(K) RETIREMENT PLAN · · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Graymont, Inc. reported $41,003 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,707 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 0.05% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,894th of 13,661 in manufacturing. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 401 to 478 since 2022.

Plan summary
Net assets, end of year$101,041,124
Participants with balances559
Active participants478
Employer contributions$2,727,927
Employee contributions$3,908,374
Employer contribution per active participant$5,707
Average account balance$180,753
Benefits paid to participants$6,736,045
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$101.0M · 559 accts · $2.7M emplr
2023$85.9M · 516 accts · $2.4M emplr
2022$71.6M · 519 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,894
Investment management$33,109
Total administrative$41,003
The Graymont, Inc. 401(k) match · 2024
Employer contribution per active participant$5,707
Median for plans this size$3,635
2024$5,707 per active participant
2023$5,879 per active participant
2022$5,683 per active participant

Graymont, Inc.'s 2024 employer contribution ran above 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$33,109
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,894

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$41,003 · 0.04%
2023$40,023 · 0.05%
2022$39,797 · 0.05%
Same employer
Similar plansManufacturing
Deroyal Industries, Inc. TN$101.4M · 0.03%
Valley Proteins, LLC VA$101.4M · 0.22%
Ahf, LLC dba Ahf Products PA$101.1M · 0.24%
Howden USA NY$101.0M · 0.12%
Wilson Trailer Company IA$101.0M · 0.13%
Dayton Progress Corporation OH$100.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 140560895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.