Plan Ledger DOL Form 5500 · updated monthly

Grizzly Industrial, Inc.401(k)

GRIZZLY IMPORTS, INC. 401(K) PROFIT SHARING PLAN & TRUST · BELLINGHAM, WA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Grizzly Industrial, Inc. reported $32,053 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,494 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 3 years on file its reported administrative ratio has held roughly steady near 0.390%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,142nd of 1,714), and 2,885th of 5,215 in retail trade. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,746,084
Participants with balances203
Active participants204
Employer contributions$304,869
Employee contributions$687,982
Employer contribution per active participant$1,494
Average account balance$43,084
Benefits paid to participants$782,172
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 203 accts · $305K emplr
2023$7.7M · 195 accts · $272K emplr
2022$6.3M · 183 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,888
Investment management$29,165
Total administrative$32,053
The Grizzly Industrial, Inc. 401(k) match · 2024
Employer contribution per active participant$1,494
Median for plans this size$1,313
2024$1,494 per active participant
2023$1,285 per active participant

Grizzly Industrial, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EDWARD JONES · Investment advisory (plan)$17,727
CAMBRIDGE INVESTMENT GROUP · Investment advisory (plan)$11,438
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,888

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$32,053 · 0.39%
2023$25,302 · 0.36%
2022$26,324 · 0.39%
Same employer
Similar plansRetail Trade · Washington
Evolucion Innovations, Inc. WA$10.0M · 0.48%
R N R Holiday Rv Inc. WA$9.7M · 0.72%
Mid Columbia Forklift Inc WA$9.6M · 0.02%
Sunset Chevrolet, Inc. WA$8.3M · 0.30%
Jollys Pharmacy, Inc. WA$7.9M · 0.49%
Netrush, LLC WA$7.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911387526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.