Grand Industrial, LLC 401(k) Review & Grade
Grand Traditions 401(k) Plan
Indianapolis, INOther Services942 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$729Employer $ per active participant
$1,456Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$10.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity17.6 / 5035th percentile for employer $ per participant
- Low cost18.4 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving5.1 / 1534th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 74th |
| Employee saving | 34th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Grand Industrial put in about $729 per active participant, below the typical peer ($1,257). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $686,414 |
| Participant (employee) contributions | $1,370,479 |
| Other contributions (incl. rollovers in) | $289,562 |
| Administrative expenses paid from the plan | $9,469 |
| Benefits paid out | $1,092,766 |
| Net assets, start / end of year | $8.2M / $10.5M |
| Active participants, start / end of year | 956 / 927 |
| Participants with account balances | 387 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Donovan Cpas |
Largest service providers (Schedule C)
| Avantax Planning Partners | $79,828 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250917132639NAL0000549217001, received 2025-09-17, EIN 20-5360490, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.