Plan Ledger DOL Form 5500 · updated monthly

Gray & Company, Inc.401(k)

GRAY & COMPANY, INC. PENSION PLAN (A PROFIT SHARING PLAN) · METAIRIE, LA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Gray & Company, Inc. reported $8,767 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,623 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 127th-largest of 884 plans among Louisiana employers on file, and the 1,746th of 4,798 in finance & insurance. In 2024, the employer put in $1.46 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$47,383,086
Participants with balances191
Active participants167
Employer contributions$1,273,112
Employee contributions$872,522
Employer contribution per active participant$7,623
Average account balance$248,079
Benefits paid to participants$3,900,226
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.4M · 191 accts · $1.3M emplr
2023$44.2M · $1.2M emplr
2022$39.9M · $1.2M emplr
Administrative expenses, itemized · 2024
Trustee / custodial$2,176
Total administrative$8,767
The Gray & Company, Inc. 401(k) match · 2024
Employer contribution per active participant$7,623
Median for plans this size$2,416
2024$7,623 per active participant
2023$7,362 per active participant
2022$7,126 per active participant

Gray & Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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$8,767 · 0.02%
2023Not separately reported
2022Not separately reported
Same employer
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Amerisafe, Inc. LA$44.8M · 0.18%
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Red River Bancshares, Inc. LA$36.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720451229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.