Plan Ledger DOL Form 5500 · updated monthly

Grand Dental Associates, PC401(k)

GRAND DENTAL ASSOCIATES, PC PROFIT SHARING 401(K) PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Grand Dental Associates, PC reported $29,608 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $2,116 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 0.55% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,943rd of 3,702), and 7,840th of 11,911 in health care & social assistance. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,133,501
Participants with balances112
Active participants98
Employer contributions$207,372
Employee contributions$319,452
Employer contribution per active participant$2,116
Average account balance$45,835
Benefits paid to participants$312,170
Plan auditUnmodified (clean) audit opinion
AuditorWILKIN & GUTTENPLAN PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 112 accts · $207K emplr
2023$4.3M · 170 accts · $197K emplr
2022$3.2M · 147 accts · $182K emplr
The Grand Dental Associates, PC 401(k) match · 2024
Employer contribution per active participant$2,116
Median for plans this size$1,313
2024$2,116 per active participant
2023$2,011 per active participant
2022$1,804 per active participant

Grand Dental Associates, PC's 2024 employer contribution ran above 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 · 20243
HIGHTOWER ADVISORS LLC / VALMARK · Investment advisory (plan)$15,707
CARNOW AND ASSOCIATES LTD. · Pension consulting$8,125

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$29,608 · 0.63%
2023$22,211 · 0.59%
2022$20,848 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Erie Neighborhood House IL$5.1M · 0.82%
The Lambs Farm, Inc. IL$4.9M · 0.07%
Challenge Unlimited Inc. IL$4.9M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203927440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.