Plan Ledger DOL Form 5500 · updated monthly

Graceland Management Services401(k)

GRACELAND MANAGEMENT SERVICES 401(K) PROFIT SHARING PLAN & TRUST · BARDWELL, KY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Graceland Management Services reported $3,675 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,128 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 2 years on file its reported administrative ratio fell from 0.27% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kentucky (652nd of 871), and 9,915th of 11,654 in professional & technical services. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 198 to 257 since 2022.

Plan summary
Net assets, end of year$4,701,235
Participants with balances214
Active participants257
Employer contributions$289,926
Employee contributions$464,525
Employer contribution per active participant$1,128
Average account balance$21,968
Benefits paid to participants$438,569
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS BONE & GRIESBECK
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 214 accts · $290K emplr
2023$3.7M · 210 accts · $298K emplr
2022$2.6M · 191 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,675
Total administrative$3,675
The Graceland Management Services 401(k) match · 2024
Employer contribution per active participant$1,128
Median for plans this size$1,313
2024$1,128 per active participant
2023$1,248 per active participant
2022$1,326 per active participant

Graceland Management Services'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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$3,675

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

Recordkeeper by year2
2024Vanguard
2023Paychex

This plan has changed recordkeepers within these filings. If you left Graceland Management Services 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$3,675 · 0.09%
2023$9,412 · 0.29%
2022$7,266 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Http Holdings, LLC KY$6.2M · 1.19%
Seek Now, Inc. KY$5.9M · 0.04%
Protect Environmental LLC KY$5.6M · 0.06%
Leap Group Network, LLC KY$5.0M · 0.77%
Altano U.S., LLC KY$3.8M · 1.30%
Wabuck Development, Inc. KY$3.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271289683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.