Plan Ledger DOL Form 5500 · updated monthly

Greene Group Industries401(k)

GREENE GROUP INDUSTRIES 401(K) PLAN · PORT HURON, MI · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Greene Group Industries reported $41,697 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $2,442 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 0.50% to 0.63%. 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 among the smaller plans on file in Michigan (1,771st of 2,619), and 10,031st of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,237,558
Participants with balances138
Active participants125
Employer contributions$305,283
Employee contributions$642,530
Employer contribution per active participant$2,442
Average account balance$52,446
Benefits paid to participants$525,326
Plan auditUnmodified (clean) audit opinion
AuditorBUFFAMANTE WHIPPLE BUTTAFARO PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 138 accts · $305K emplr
2023$6.0M · 127 accts · $270K emplr
2022$4.9M · 120 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$900
Investment management$36,487
Total administrative$41,697
The Greene Group Industries 401(k) match · 2024
Employer contribution per active participant$2,442
Median for plans this size$1,313
2024$2,442 per active participant
2023$2,373 per active participant
2022$2,666 per active participant

Greene Group Industries'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 · 20244
LPL FINANCIAL · Investment advisory (plan)$22,644
THE MICHIGAN PENSION GROUP, INC. · Contract administrator$6,119
EMPOWER ADVISORY GROUP LLC · Investment management$2,500

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$41,697 · 0.63%
2023$32,125 · 0.59%
2022$23,328 · 0.50%
Same employer
Similar plansManufacturing · Michigan
Kings & Convicts Bp LLC MI$7.3M · 0.63%
Nbhx Trim USA Corporation MI$7.3M · 0.46%
Reed City Group, LLC MI$7.3M · 0.68%
Acemco Incorporated MI$7.1M · 0.60%
Rose Medical MI$7.1M · 0.06%
Kenona Industries LLC MI$7.0M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201651857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.