Plan Ledger DOL Form 5500 · updated monthly

Grace Hill, LLC401(k)

GRACE HILL 401(K) PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Grace Hill, LLC reported $7,425 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,971 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 3 years on file its reported administrative ratio has held roughly steady near 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 378th-largest of 807 plans among South Carolina employers on file, and the 953rd of 2,096 in real estate & leasing. In 2024, employees put in $3.45 for every $1.00 the employer contributed; active participation has grown from 155 to 192 since 2022.

Plan summary
Net assets, end of year$12,647,679
Participants with balances246
Active participants192
Employer contributions$378,501
Employee contributions$1,304,793
Employer contribution per active participant$1,971
Average account balance$51,413
Benefits paid to participants$1,520,786
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 246 accts · $379K emplr
2023$10.4M · 237 accts · $374K emplr
2022$8.1M · 214 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,975
Total administrative$7,425
The Grace Hill, LLC 401(k) match · 2024
Employer contribution per active participant$1,971
Median for plans this size$2,416
2024$1,971 per active participant
2023$1,947 per active participant
2022$2,206 per active participant

Grace Hill, LLC's 2024 employer contribution ran below the $2,416 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
GLOBAL RETIREMENT PARTNERSindirect comp
ASCENSUS C/O FUTUREPLAN · Other servicesindirect comp

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

Administrative cost history3
2024$7,425 · 0.06%
2023$5,355 · 0.06%
2022$5,915 · 0.07%
Same employer
Similar plansReal Estate & Leasing · South Carolina
The Beach Company SC$34.1M · 0.21%
Pk Management LLC SC$16.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582427957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.