Plan Ledger DOL Form 5500 · updated monthly

Grubb Management, LLC401(k)

GRUBB MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Grubb Management, LLC reported $76,368 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,354 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 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 691st-largest of 2,005 plans among North Carolina employers on file, and the 613th of 2,096 in real estate & leasing. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,936,976
Participants with balances316
Active participants222
Employer contributions$744,675
Employee contributions$1,637,666
Employer contribution per active participant$3,354
Average account balance$69,421
Benefits paid to participants$2,038,881
Plan auditUnmodified (clean) audit opinion
AuditorAC CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 316 accts · $745K emplr
2023$19.0M · 288 accts · $756K emplr
2022$14.6M · 301 accts · $745K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,169
Investment management$50,199
Total administrative$76,368
The Grubb Management, LLC 401(k) match · 2024
Employer contribution per active participant$3,354
Median for plans this size$2,416
2024$3,354 per active participant
2023$3,499 per active participant
2022$3,533 per active participant

Grubb Management, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$26,169
KESTRA FINANCIAL · Investment advisory (plan)$50,199

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$76,368 · 0.37%
2023$68,461 · 0.41%
2022$58,750 · 0.39%
Same employer
Similar plansReal Estate & Leasing · North Carolina
Koury Corporation NC$28.4M · 0.08%
O.R. Colan Associates, LLC NC$27.6M · 0.38%
Allen Tate Real Estate, LLC NC$17.3M · 0.55%
D P Preiss Company Inc NC$15.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561758296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.