Grant Industries 401k Plan — Form 5500 plan (Grant Industries, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Grant Industries 401k Plan is a benefit plan reported by Grant Industries, Inc. under EIN 22-1968450 and plan number 001. The latest loaded filing year is 2023. The filing reports 216 participants and $31,491,561 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$31.4MPlan net assets, end of year$31,430,779
Participants216Covered participants reported
Assets / participant$145.8KComputed: assets ÷ participants$145,794 (computed)
Provider compensation$48.3K3 Schedule C provider row(s)$48,292
Plan sponsor
Grant Industries, Inc.
EIN
22-1968450
Plan number
001
Plan type
3
Location
Elmwood Park, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023216H, C20250814142700NAL0009191667001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$31.5M total assets
Net assets$31.4MLiabilities$60.8K
Money in vs. money out
Total income / additions$6.4M
Total expenses$266.1K
Benefits paid / distributions$204.9K
Contributions
Employer$787.8K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$31,491,561
Total liabilities (EOY)
$60,782
Net assets (EOY)
$31,430,779
Net assets (BOY)
$25,310,035

Income & contributions

Employer contributions
$787,832
Participant contributions
$1,341,222
Total contributions
$2,129,054
Total income / additions
$6,386,797

Expenses & distributions

Benefits paid
$204,945
Administrative expenses
$61,108
Total expenses
$266,053
Net increase / (decrease)
$6,120,744
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income3%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mmml Insurance Agency, LLCBROKER/DEALER$0$22,9442023
The Paragon Alliance Group, LLCTHIRD PARTY ADMINISTRATO$0$18,5402023
The Retirement Plan Company LLCTHIRD PARTY ADMINISTRATO$0$6,8082023

Related Form 5500 pages