Plan Ledger DOL Form 5500 · updated monthly

Harry Grodsky & Co., Inc.401(k)

HARRY GRODSKY & CO., INC. 401(K) PLAN AND TRUST · SPRINGFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Harry Grodsky & Co., Inc. reported $18,865 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,364 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 893rd-largest of 2,726 plans among Massachusetts employers on file, and the 1,375th of 5,337 in construction. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$35,097,792
Participants with balances143
Active participants94
Employer contributions$1,162,239
Employee contributions$945,719
Employer contribution per active participant$12,364
Average account balance$245,439
Benefits paid to participants$1,026,775
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,865
Total administrative$18,865
The Harry Grodsky & Co., Inc. 401(k) match · 2024
Employer contribution per active participant$12,364
Median for plans this size$2,416

Harry Grodsky & Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
MORGAN STANLEY · Investment advisory (plan)$10,000
CAPITAL GROUP RETIREMENT PLAN SERVI$8,153
NA PASI LLC · Contract administrator$712

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$18,865 · 0.06%
Similar plansConstruction · Massachusetts
N.E.L. Corporation MA$43.6M · 0.01%
Sps New England, Inc. MA$42.2M · 0.06%
Jay Cashman, Inc. MA$37.4M · 0.02%
Walsh Brothers, Inc. MA$36.8M · 0.29%
Commodore Builders LLC MA$35.1M · 0.24%
Ene. Systems Inc. MA$33.3M · 0.15%
J.C. Cannistraro, LLC. MA$33.3M · 0.39%
Zampell Refractories, Inc. MA$32.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042034565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.