Plan Ledger DOL Form 5500 · updated monthly

Group Industries, LLC401(k)

GROUP INDUSTRIES, LLC 401(K) PROFIT SHARING PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Group Industries, LLC reported $6,317 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,640 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 rose from 0.07% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (479th of 884), and 3,299th of 5,337 in construction. In 2024, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,632,260
Participants with balances87
Active participants96
Employer contributions$157,479
Employee contributions$475,461
Employer contribution per active participant$1,640
Average account balance$99,221
Benefits paid to participants$403,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 87 accts · $157K emplr
2023$7.3M · 105 accts · $150K emplr
2022$6.4M · 129 accts · $154K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,777
Total administrative$6,317
The Group Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,640
Median for plans this size$1,313
2024$1,640 per active participant
2023$1,385 per active participant
2022$1,694 per active participant

Group Industries, LLC'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.

Administrative cost history3
2024$6,317 · 0.08%
2023$6,501 · 0.09%
2022$4,757 · 0.07%
Similar plansConstruction · Louisiana
R & R Construction, Inc. LA$8.8M · 0.56%
Benton & Brown, L.L.C. LA$8.8M · 0.28%
River Birch LLC LA$8.7M · 0.39%
Tanner Services, LLC LA$8.3M · 0.92%
Aqueos Corporation LA$7.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320015187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.