Plan Ledger DOL Form 5500 · updated monthly

Grin Technologies Inc401(k)

GRIN TECHNOLOGIES INC. 401(K) PLAN · SACRAMENTO, CA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Grin Technologies Inc reported $25,934 in plan administrative expenses for 2023: 0.34% of average plan assets, below the peer median. Employer contributions averaged $3,153 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 0.25% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (5,740th of 9,483), and 1,573rd of 2,199 in information & media. In 2023, employees put in $3.00 for every $1.00 the employer contributed; active participation has shrunk from 380 to 220 since 2022.

Plan summary
Net assets, end of year$8,974,465
Participants with balances385
Active participants220
Employer contributions$693,661
Employee contributions$2,082,266
Employer contribution per active participant$3,153
Average account balance$23,310
Benefits paid to participants$1,454,366
Plan auditUnmodified (clean) audit opinion
AuditorMCKONLY & ASBURY
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 268 accts · $358K emplr
2023$9.0M · 385 accts · $694K emplr
2022$6.1M · 520 accts · $870K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,934
Total administrative$25,934
The Grin Technologies Inc 401(k) match · 2023
Employer contribution per active participant$3,153
Median for plans this size$1,308
2024$4,832 per active participant
2023$3,153 per active participant
2022$2,289 per active participant

Grin Technologies Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$25,934

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,726 · 0.07%
2023$25,934 · 0.34%
2022$9,287 · 0.25%
Same employer
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Clumio, Inc CA$9.1M · 0.04%
Criteria Corp CA$9.1M · 0.49%
Lively. Inc. CA$9.0M · 0.13%
Kcrw Foundation, Inc. CA$8.8M · 0.26%
Binti CA$8.8M · 0.10%
Superhuman Labs Inc CA$8.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471184033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.