Plan Ledger DOL Form 5500 · updated monthly

Grace Healthcare Services, LLC401(k)

GRACE HEALTHCARE SERVICES, LLC 401K PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Grace Healthcare Services, LLC reported $27,342 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,217 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 1 year on file its reported administrative ratio fell from 0.52% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,731st of 2,419), and 6,854th of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has shrunk from 324 to 288 since 2022.

Plan summary
Net assets, end of year$7,035,214
Participants with balances240
Active participants288
Employer contributions$350,521
Employee contributions$613,731
Employer contribution per active participant$1,217
Average account balance$29,313
Benefits paid to participants$605,623
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 240 accts · $351K emplr
2023$5.9M · 248 accts · $238K emplr
2022$4.8M · 237 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,342
Total administrative$27,342
The Grace Healthcare Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,217
Median for plans this size$1,313
2024$1,217 per active participant
2023$810 per active participant
2022$641 per active participant

Grace Healthcare Services, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20243
INTAC ACTUARIAL SERVICES · Recordkeepingindirect comp
UBS FINANCIAL SERVICES · Investment advisory (plan)$5,481
INTAC ACTUARIAL SERVICES · Investment advisory (participants)$3,858

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024INTAC ACTUARIAL SERVICES
2023INTAC ACTUARIAL SERVICES, Nationwide

This plan has changed recordkeepers within these filings. If you left Grace Healthcare Services, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,342 · 0.42%
2023$27,667 · 0.52%
2022Not separately reported
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Integrity, Inc. NJ$7.5M · 0.35%
P.R.O.C.E.E.D. Inc. NJ$7.1M · 0.44%
Monmouth Cares, Inc. NJ$6.8M · 0.85%
Eastern Smiles Opco, LLC NJ$6.8M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203513374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.