Plan Ledger DOL Form 5500 · updated monthly

Grady Management, Inc.401(k)

GRADY MANAGEMENT, INC. 401(K) SAVINGS PLAN · SILVER SPRING, MD · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Grady Management, Inc. reported $71,962 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,480 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 0.426%. 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 700th-largest of 1,671 plans among Maryland employers on file, and the 732nd of 2,096 in real estate & leasing. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 250 to 279 since 2022.

Plan summary
Net assets, end of year$18,134,102
Participants with balances329
Active participants279
Employer contributions$691,850
Employee contributions$1,006,123
Employer contribution per active participant$2,480
Average account balance$55,119
Benefits paid to participants$2,102,507
Plan auditUnmodified (clean) audit opinion
AuditorUHY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 329 accts · $692K emplr
2023$15.6M · 303 accts · $623K emplr
2022$14.2M · 314 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,912
Investment management$30,050
Total administrative$71,962
The Grady Management, Inc. 401(k) match · 2024
Employer contribution per active participant$2,480
Median for plans this size$2,416
2024$2,480 per active participant
2023$2,493 per active participant
2022$2,397 per active participant

Grady Management, Inc.'s 2024 employer contribution ran above 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
RAYMOND JAMES FINCL SVCS · Investment advisory (plan)$30,050
RETIREMENT PLANNERS & ADMINISTRATOR · Contract administrator$15,636

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$71,962 · 0.43%
2023$65,871 · 0.44%
2022$70,145 · 0.43%
Same employer
Similar plansReal Estate & Leasing · Maryland
Mackenzie Ventures, LLC MD$20.3M · 0.37%
The Time Group, Inc. MD$18.6M · 0.21%
Apartment Services, Inc. MD$18.2M · 0.42%
Hendersen-Webb Inc MD$17.1M · 0.12%
Polinger Company MD$15.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520810992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.