Plan Ledger DOL Form 5500 · updated monthly

Grand Street Settlement, Inc.401(k)

GRAND STREET SETTLEMENT, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Grand Street Settlement, Inc. reported $14,343 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,939 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 0.21% to 0.16%. 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 New York (3,612th of 5,648), and the 5,697th of 11,911 in health care & social assistance. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 294 to 357 since 2022.

Plan summary
Net assets, end of year$10,003,931
Participants with balances751
Active participants357
Employer contributions$692,172
Employee contributions$801,179
Employer contribution per active participant$1,939
Average account balance$13,321
Benefits paid to participants$687,667
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 751 accts · $692K emplr
2023$7.9M · 687 accts · $625K emplr
2022$7.3M · 638 accts · $530K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,343
Total administrative$14,343
The Grand Street Settlement, Inc. 401(k) match · 2024
Employer contribution per active participant$1,939
Median for plans this size$1,313
2024$1,939 per active participant
2023$2,057 per active participant
2022$1,802 per active participant

Grand Street Settlement, Inc.'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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$14,343

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$14,343 · 0.16%
2023$3,546 · 0.05%
2022$14,032 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · New York
Lalor Dental, LLC NY$10.2M · 0.11%
J.M. Murray Center, Inc. NY$9.9M · 0.31%
Usg Services, LLC NY$9.9M · 0.79%
Symphony Medical PC NY$9.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.