Plan Ledger DOL Form 5500 · updated monthly

Greiner Industries, Inc.401(k)

GREINER INDUSTRIES, INC. PROFIT SHARING & 401K SAVINGS PLAN · MOUNT JOY, PA · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Greiner Industries, Inc. reported $102,623 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,270 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 1 year on file its reported administrative ratio rose from 0.43% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,390th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,293rd of 13,661 in manufacturing. In 2023, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,836,420
Participants with balances242
Active participants268
Employer contributions$340,283
Employee contributions$1,189,937
Employer contribution per active participant$1,270
Average account balance$98,498
Benefits paid to participants$2,037,925
Plan auditUnmodified (clean) audit opinion
AuditorWHITE RUDY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $254K emplr
2023$23.8M · 242 accts · $340K emplr
2022$20.3M · 249 accts · $339K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$102,140
Investment management$3
Total administrative$102,623
The Greiner Industries, Inc. 401(k) match · 2023
Employer contribution per active participant$1,270
Median for plans this size$2,440
2023$1,270 per active participant
2022$1,259 per active participant

Greiner Industries, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
VALLEY FORGE INVESTMENT CONSULTANTSindirect comp
VALLEY FORGE PENSION MANAGEMENT · Other servicesindirect comp

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

Administrative cost history3
2024Not separately reported
2023$102,623 · 0.47%
2022$94,889 · 0.43%
Same employer
Similar plansManufacturing · Pennsylvania
B & G Manufacturing, Inc. PA$24.0M · 0.25%
American Hydro PA$23.9M · 0.22%
Gertrude Hawk Brands, Inc. PA$23.9M · 0.24%
Optinose US, Inc. PA$23.9M · 0.10%
All-Fill, Inc. PA$23.8M · 0.31%
Galliker Dairy Co. PA$23.8M · 0.34%
General Carbide Corporation PA$23.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232109503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.