Plan Ledger DOL Form 5500 · updated monthly

Grane Healthcare Company401(k)

GRANE HEALTHCARE COMPANY COLLECTIVELY BARGAINED 401K PLAN · PITTSBURGH, PA · plan year 2022

Reported admin expense ratio · 2022
1.49%

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

Grane Healthcare Company reported $32,771 in plan administrative expenses for 2022: 1.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $870 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,368th of 3,651), and 10,140th of 11,911 in health care & social assistance. In 2022, the employer put in $1.57 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,896,342
Participants with balances142
Active participants115
Employer contributions$100,093
Employee contributions$63,746
Employer contribution per active participant$870
Average account balance$13,355
Benefits paid to participants$317,259
Plan auditUnmodified (clean) audit opinion
AuditorCATANESE GROUP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $57K emplr
2022$1.9M · 142 accts · $100K emplr
The Grane Healthcare Company 401(k) match · 2022
Employer contribution per active participant$870
Median for plans this size$1,114

Grane Healthcare Company's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$32,771 · 1.49%
Similar plansHealth Care & Social Assistance · Pennsylvania
Senior Health Solutions PA$1.9M · 0.61%
Central Behavioral Health PA$1.9M · 0.79%
Patriot Home Care LLC PA$1.8M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251723114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.