Gruma Corporation 401(k) Review & Grade
Gruma Corporation Retirement Savings Plan
Irving, TXManufacturing8,804 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,246Employer $ per active participant
$2,197Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$346.0MNet plan assets, end of year
$64,951Average balance per account
Score breakdown
- Employer generosity7.2 / 5014th percentile for employer $ per participant
- Low cost7.3 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving1.4 / 1510th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score19 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 14th |
| Lower admin cost | 29th |
| Employee saving | 10th |
| Peers that auto-enroll | 70% |
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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
- Gruma put in about $1,246 per active participant, below the typical peer ($3,452). 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.
- Direct plan expenses (0.24% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $10,967,135 |
| Participant (employee) contributions | $19,337,897 |
| Other contributions (incl. rollovers in) | $1,079,355 |
| Administrative expenses paid from the plan | $782,482 |
| Investment advisory & management fees | $40,625 |
| Benefits paid out | $32,241,676 |
| Net assets, start / end of year | $314.5M / $346.0M |
| Active participants, start / end of year | 8,752 / 8,855 |
| Participants with account balances | 5,327 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $692,751 reported compensation |
| Baker Tilly Virchow Krause, LLP | $49,106 reported compensation |
| NFP Retirement Inc | $40,625 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930104916NAL0005447715001, received 2025-09-30, EIN 95-3576486, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.