Plan Ledger DOL Form 5500 · updated monthly

Griffis Blessing, Inc.401(k)

GRIFFIS BLESSING, INC. PROFIT SHARING & 401K PLAN · COLORADO SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Griffis Blessing, Inc. reported $913 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,137 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 0.014% to 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Colorado (736th of 1,461), and the 1,023rd of 2,096 in real estate & leasing. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,451,842
Participants with balances161
Active participants337
Employer contributions$383,311
Employee contributions$656,532
Employer contribution per active participant$1,137
Average account balance$71,129
Benefits paid to participants$1,150,863
Plan auditUnmodified (clean) audit opinion
AuditorBIGGSKOFFORD, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 161 accts · $383K emplr
2023$10.0M · 156 accts · $363K emplr
2022$8.4M · 146 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$913
Total administrative$913
The Griffis Blessing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,137
Median for plans this size$2,416
2024$1,137 per active participant
2023$1,089 per active participant
2022$994 per active participant

Griffis Blessing, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$3,537

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$913 · 0.01%
2023$1,770 · 0.02%
2022$1,285 · 0.01%
Similar plansReal Estate & Leasing · Colorado
Nsa Op, LP CO$9.0M · 0.08%
Paulscorp, LLC CO$8.8M · 0.23%
A360, Inc. CO$7.8M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840991333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.