Plan Ledger DOL Form 5500 · updated monthly

Gramercy Surgery Center, Inc.401(k)

GRAMERCY SURGERY CENTER 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Gramercy Surgery Center, Inc. reported $920 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.36% to 0.12%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,364th of 5,648), and 11,010th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$874,148
Participants with balances123
Active participants68
Employer contributions$0
Employee contributions$124,933
Employer contribution per active participant$0
Average account balance$7,107
Benefits paid to participants$35,467
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$874K · 123 accts
2023$700K · 116 accts
2022$513K · 116 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$920
Total administrative$920
The Gramercy Surgery Center, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Gramercy Surgery Center, Inc.'s 2024 employer contribution ran below the $540 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.

Administrative cost history3
2024$920 · 0.12%
2023$930 · 0.15%
2022$1,970 · 0.36%
Similar plansHealth Care & Social Assistance · New York
Optimal Care Services LLC NY$971K · 0.98%
Enable My Child, LTD NY$958K · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204336660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.