Plan Ledger DOL Form 5500 · updated monthly

Graham Health Services, LLC401(k)

GRAHAM HEALTHCARE GROUP 401(K) PROFIT SHARING PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Graham Health Services, LLC reported $441,556 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $545 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 rose from 0.31% to 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 243rd-largest of 2,619 plans among Michigan employers on file, and the 1,691st of 13,661 in manufacturing. In 2024, employees put in $7.53 for every $1.00 the employer contributed; active participation has grown from 2,810 to 3,649 since 2022.

Plan summary
Net assets, end of year$117,307,375
Participants with balances3,008
Active participants3,649
Employer contributions$1,988,407
Employee contributions$14,963,201
Employer contribution per active participant$545
Average account balance$38,998
Benefits paid to participants$9,532,729
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.3M · 3,008 accts · $2.0M emplr
2023$94.7M · 2,918 accts · $1.5M emplr
2022$70.2M · 2,911 accts · $543K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$326,689
Investment management$114,467
Total administrative$441,556
The Graham Health Services, LLC 401(k) match · 2024
Employer contribution per active participant$545
Median for plans this size$3,635
2024$545 per active participant
2023$461 per active participant
2022$193 per active participant

Graham Health Services, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20244
ALLIANCEBERNSTEIN LP · Investment advisory (plan)$118,284
PENTEGRA SERVICES INC. · Contract administrator$82,981
EMPOWER ADVISORY GROUP, LLC · Investment management$20,933

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$441,556 · 0.42%
2023$344,608 · 0.42%
2022$225,552 · 0.31%
Same employer
Similar plansManufacturing · Michigan
Martinrea Industries, Inc. MI$121.1M · 0.35%
Trimas Corporation MI$121.1M · 0.12%
Request Foods, Inc. MI$120.8M · 0.20%
Gestamp North America, Inc. MI$119.2M · 0.45%
Summit Polymers, Inc. MI$116.7M · 0.03%
Landscape Forms, Inc. MI$113.0M · 0.05%
Gerdau Macsteel, Inc. MI$112.9M · 0.06%
Stoneridge, Inc. MI$112.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203608523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.