Plan Ledger DOL Form 5500 · updated monthly

McGriff Industries, Inc.401(k)

MCGRIFF INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · CULLMAN, AL · plan year 2025

Reported admin expense ratio · 2025
0.26%

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

McGriff Industries, Inc. reported $48,896 in plan administrative expenses for 2025: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,110 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 fell from 0.40% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other wholesale trade employers. By assets it is the 309th-largest of 902 plans among Alabama employers on file, and the 1,912th of 4,246 in wholesale trade. In 2025, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,688,800
Participants with balances441
Active participants423
Employer contributions$469,681
Employee contributions$1,397,212
Employer contribution per active participant$1,110
Average account balance$44,646
Benefits paid to participants$2,214,308
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$19.7M · 441 accts · $470K emplr
2024$17.3M · 430 accts · $391K emplr
2023$15.2M · 434 accts · $590K emplr
2022$12.5M · 364 accts · $552K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$13,511
Investment management$35,385
Total administrative$48,896
The McGriff Industries, Inc. 401(k) match · 2025
Employer contribution per active participant$1,110
Median for plans this size$2,666
2025$1,110 per active participant
2024$962 per active participant
2023$1,327 per active participant
2022$1,261 per active participant

McGriff Industries, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$31,291
EMPOWER ADVISORY GROUP, LLC · Investment management$4,094

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

Administrative cost history4
2025$48,896 · 0.26%
2024$43,161 · 0.27%
2023$25,332 · 0.18%
2022$52,301 · 0.40%
Same employer
Similar plansWholesale Trade · Alabama
Sunsouth LLC AL$21.6M · 0.62%
Saginaw Pipe Company, Inc. AL$21.6M · 0.32%
Red Diamond, Inc. AL$15.9M · 0.48%
Gabriella White, LLC AL$13.4M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630339542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.