Plan Ledger DOL Form 5500 · updated monthly

Grob Systems, Inc.401(k)

GROB SYSTEMS, INC. PROFIT SHARING PLAN · BLUFFTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Grob Systems, Inc. reported $69 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,798 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 0.001% to 0.000%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 371st-largest of 3,295 plans among Ohio employers on file, and the 1,914th of 13,661 in manufacturing. In 2024, employees put in $3.62 for every $1.00 the employer contributed; active participation has grown from 746 to 873 since 2022.

Plan summary
Net assets, end of year$100,083,055
Participants with balances848
Active participants873
Employer contributions$1,569,843
Employee contributions$5,679,662
Employer contribution per active participant$1,798
Average account balance$118,022
Benefits paid to participants$5,230,573
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$100.1M · 848 accts · $1.6M emplr
2023$89.0M · 800 accts · $1.4M emplr
2022$75.7M · 719 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69
Total administrative$69
The Grob Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,798
Median for plans this size$3,635
2024$1,798 per active participant
2023$1,754 per active participant
2022$1,568 per active participant

Grob Systems, Inc.'s 2024 employer contribution ran below the $3,635 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$3,690

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$69 · 0.00%
2023$50 · 0.00%
2022$388 · 0.00%
Same employer
Similar plansManufacturing · Ohio
Dayton Progress Corporation OH$100.9M · 0.11%
Sarnova Hc, LLC OH$100.0M · 0.22%
Cardone Industries, Inc. OH$95.9M · 0.16%
Olympic Steel, Inc. OH$95.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133059174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.