Plan Ledger DOL Form 5500 · updated monthly

Growgeneration Corp401(k)

GROWGENERATION CORP 401(K) PLAN · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Growgeneration Corp reported $18,211 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $17 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 0.59% to 0.35%. 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 Colorado (1,018th of 1,461), and 3,610th of 5,215 in retail trade. In 2024, employees put in $163.90 for every $1.00 the employer contributed; active participation has shrunk from 804 to 281 since 2022.

Plan summary
Net assets, end of year$5,537,208
Participants with balances344
Active participants281
Employer contributions$4,856
Employee contributions$795,876
Employer contribution per active participant$17
Average account balance$16,097
Benefits paid to participants$979,386
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 344 accts · $5K emplr
2023$4.7M · 234 accts · $624K emplr
2022$3.1M · 283 accts · $593K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,211
Total administrative$18,211
The Growgeneration Corp 401(k) match · 2024
Employer contribution per active participant$17
Median for plans this size$1,313
2024$17 per active participant
2023$1,761 per active participant
2022$738 per active participant

Growgeneration Corp's 2024 employer contribution ran below the $1,313 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
EPLANS SERVICES · Pension consulting$18,211

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$18,211 · 0.35%
2023$20,671 · 0.53%
2022$15,859 · 0.59%
Similar plansRetail Trade · Colorado
Weld County Garage CO$6.2M · 0.62%
Gorsuch, LTD. CO$6.0M · 0.21%
Spradley Barr Ford, Inc. CO$5.5M · 1.52%
Spradley Barr Ford, Inc. CO$5.5M · 1.52%
Liniger, Inc. CO$5.2M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465008129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.