Plan Ledger DOL Form 5500 · updated monthly

Grapetree Medical Staffing, LLC401(k)

GRAPETREE/ANNLEO 401(K) RETIREMENT SAVINGS PLAN · MILFORD, IA · plan year 2023

Reported admin expense ratio · 2023
1.19%

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

Grapetree Medical Staffing, LLC reported $23,194 in plan administrative expenses for 2023: 1.19% of average plan assets, higher than ~90% of peers. Employer contributions averaged $725 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 1 year on file its reported administrative ratio fell from 1.63% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Iowa (796th of 878), and 1,906th of 2,534 in administrative & support services. In 2023, employees put in $1.99 for every $1.00 the employer contributed; active participation has shrunk from 234 to 205 since 2022.

Plan summary
Net assets, end of year$2,146,762
Participants with balances138
Active participants205
Employer contributions$148,702
Employee contributions$296,002
Employer contribution per active participant$725
Average account balance$15,556
Benefits paid to participants$337,115
Plan auditUnmodified (clean) audit opinion
AuditorFLYNN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $72K emplr
2023$2.1M · 138 accts · $149K emplr
2022$1.7M · 125 accts · $142K emplr
The Grapetree Medical Staffing, LLC 401(k) match · 2023
Employer contribution per active participant$725
Median for plans this size$1,308
2023$725 per active participant
2022$605 per active participant

Grapetree Medical Staffing, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
HAUSER RETIREMENT SOLUTIONS 2 LLC · Investment advisory (plan)$7,356
CREATIVE RETIREMENT SYSTEMS, INC. · Contract administrator$3,096

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$23,194 · 1.19%
2022$27,956 · 1.63%
Similar plansAdministrative & Support Services · Iowa
Mail Services, LLC IA$8.2M · 0.75%
R.J. Personnel, Inc. IA$4.1M · 0.18%
Ankeny Sanitation Inc. IA$638K · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421512013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.