Plan Ledger DOL Form 5500 · updated monthly

Griffin Holdings, Inc.401(k)

GRIFFIN HOLDINGS, INC. 401(K) PROFIT SHARING PLAN · MUSKOGEE, OK · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Griffin Holdings, Inc. reported $23,931 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $894 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oklahoma (535th of 724), and 10,996th of 13,661 in manufacturing. In 2022, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,406,618
Participants with balances92
Active participants103
Employer contributions$92,122
Employee contributions$244,049
Employer contribution per active participant$894
Average account balance$58,768
Benefits paid to participants$351,005
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK PLC, CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,343
Investment management$22,588
Total administrative$23,931
The Griffin Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$894
Median for plans this size$1,114

Griffin Holdings, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,931 · 0.47%
Similar plansManufacturing · Oklahoma
Van Eaton Ready Mix, Inc. OK$5.6M · 1.47%
Mercer Valve Co., Inc. OK$5.4M · 0.65%
Tcfi Pf LLC OK$5.1M · 1.00%
Auxano Holdings, LLC OK$4.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731452279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.