Plan Ledger DOL Form 5500 · updated monthly

Graymont (PA) Inc.401(k)

GRAYMONT (PA) UNION 401(K) PLAN · · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Graymont (PA) Inc. reported $2,849 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,358 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 0.034% to 0.029%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is 8,628th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 115 to 131 since 2022.

Plan summary
Net assets, end of year$10,346,347
Participants with balances155
Active participants131
Employer contributions$308,837
Employee contributions$675,446
Employer contribution per active participant$2,358
Average account balance$66,751
Benefits paid to participants$962,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 155 accts · $309K emplr
2023$9.1M · 139 accts · $279K emplr
2022$7.4M · 138 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$675
Investment management$2,174
Total administrative$2,849
The Graymont (PA) Inc. 401(k) match · 2024
Employer contribution per active participant$2,358
Median for plans this size$1,313
2024$2,358 per active participant
2023$2,363 per active participant
2022$2,522 per active participant

Graymont (PA) Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241

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$2,849 · 0.03%
2023$2,333 · 0.03%
2022$2,821 · 0.03%
Similar plansManufacturing
Nautilus Subsidiary Inc. WA$10.4M · 0.28%
Slade Gorton & Co., Inc. MA$10.3M · 0.25%
Jsw Steel USA Ohio, Inc. OH$10.3M · 0.71%
Richardson Milling Inc. NE$10.3M · 0.07%
Welding Technology Corp MI$10.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251527520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.