Plan Ledger DOL Form 5500 · updated monthly

William Grant & Sons Inc401(k)

WILLIAM GRANT & SONS, INC. SAVINGS AND INVESTMENT PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

William Grant & Sons Inc reported $64,515 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,513 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 0.059% to 0.062%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 350th-largest of 2,419 plans among New Jersey employers on file, and the 388th of 4,246 in wholesale trade. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$107,227,974
Participants with balances440
Active participants316
Employer contributions$3,638,018
Employee contributions$3,782,576
Employer contribution per active participant$11,513
Average account balance$243,700
Benefits paid to participants$13,685,788
Plan auditUnmodified (clean) audit opinion
AuditorMASSOOD & COMPANY, P.A. CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$107.2M · 440 accts · $3.6M emplr
2023$99.5M · 448 accts · $3.4M emplr
2022$85.8M · 441 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,515
Total administrative$64,515
The William Grant & Sons Inc 401(k) match · 2024
Employer contribution per active participant$11,513
Median for plans this size$3,635
2024$11,513 per active participant
2023$10,838 per active participant
2022$10,993 per active participant

William Grant & Sons Inc's 2024 employer contribution ran above the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,515

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$64,515 · 0.06%
2023$56,481 · 0.06%
2022$54,429 · 0.06%
Same employer
Similar plansWholesale Trade · New Jersey
Movado Group, Inc. NJ$112.4M · 0.22%
Turtle & Hughes, Inc. NJ$110.8M · 0.04%
Radwell International LLC NJ$88.1M · 0.27%
Donjon Marine Co., Inc. NJ$87.8M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 221757718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.