Plan Snapshot
- Plan Sponsor: W W Grainger INC
- Sponsor EIN: 361150280
- Sponsor Address: 100 GRAINGER PARKWAY, LAKE FOREST, IL, 600455201
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 0
- Total Assets: $179.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $179.5M | $0 | $2.9M |
| 2023 | 16,091 | $174.8M | $0 | $9.1M |
| 2022 | 15,265 | $168.4M | $169.2M | $55.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KARR BARTH ADMINISTRATORS, INC | Other Service Provider | $931,643 | — | $931,643 |
| J.P. MORGAN INVESTMENT MANAGEMENT | Recordkeeper | $508,289 | — | $508,289 |
| EMPYREAN | Other Service Provider | $227,493 | — | $227,493 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $129,427 | — | $129,427 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $76,444 | — | $76,444 |
| ERNST & YOUNG | Auditor | $75,200 | — | $75,200 |
| AON CONSULTING, INC. | Recordkeeper | $65,506 | — | $65,506 |
| NORTHERN TRUST | Custodian / Trustee | $56,250 | — | $56,250 |
| SPRING CARE, INC. | Other Service Provider | $17,088 | — | $17,088 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J.P. MORGAN INVESTMENT MANAGEMENT — Recordkeeper
- ALIGHT SOLUTIONS LLC — Recordkeeper
- ERNST & YOUNG — Auditor
- AON CONSULTING, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,087,340
- Estimated Expense Ratio: 1.163% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,704,667 | $508,289 | — | $75,200 | — |
| 2023 | $5,669,071 | — | $3,062,886 | — | — |
| 2022 | $12,880,508 | — | $19,238,219 | — | — |