Plan Ledger DOL Form 5500 · updated monthly

Gray, Gray & Gray LLP401(k)

GRAY, GRAY & GRAY LLP EMPLOYEES SAVINGS & SECURITY PLAN · CANTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Gray, Gray & Gray LLP reported $41,617 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,260 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 0.22% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,310th-largest of 2,726 plans among Massachusetts employers on file, and the 5,566th of 11,654 in professional & technical services. In 2024, employees put in $3.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,910,434
Participants with balances158
Active participants122
Employer contributions$397,674
Employee contributions$1,430,318
Employer contribution per active participant$3,260
Average account balance$126,015
Benefits paid to participants$4,492,631
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 158 accts · $398K emplr
2023$19.6M · 163 accts · $426K emplr
2022$15.8M · 168 accts · $337K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,617
Total administrative$41,617
The Gray, Gray & Gray LLP 401(k) match · 2024
Employer contribution per active participant$3,260
Median for plans this size$2,416
2024$3,260 per active participant
2023$3,229 per active participant
2022$2,787 per active participant

Gray, Gray & Gray LLP's 2024 employer contribution ran above the $2,416 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 · 20242
MMA SECURITIES · Recordkeeping · Trustee$39,132
ADP, INC. · Loan processing · Recordkeeping$2,485

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

Recordkeeper by year2
2024ADP, MMA SECURITIES
2023ADP, MMA SECURITIES,LLC

This plan has changed recordkeepers within these filings. If you left Gray, Gray & Gray LLP before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,617 · 0.21%
2023$35,784 · 0.20%
2022$38,101 · 0.22%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Connelly Partners, LLC MA$20.4M · 0.18%
Mevion Medical Systems Inc. MA$19.6M · 0.09%
Avania, LLC MA$19.5M · 0.08%
Treeline Biosciences, Inc. MA$19.5M · 0.01%
Amryt Pharmaceuticals, Inc. MA$19.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042088368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.