Plan Ledger DOL Form 5500 · updated monthly

Gray Reed & McGraw LLP401(k)

GRAY REED & MCGRAW LLP PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Gray Reed & McGraw LLP reported $28,600 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,954 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 rose from 0.03% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,000th-largest of 5,688 plans among Texas employers on file, and the 2,595th of 11,654 in professional & technical services. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has grown from 143 to 162 since 2022.

Plan summary
Net assets, end of year$54,065,525
Participants with balances210
Active participants162
Employer contributions$1,774,486
Employee contributions$1,782,518
Employer contribution per active participant$10,954
Average account balance$257,455
Benefits paid to participants$1,063,378
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.1M · 210 accts · $1.8M emplr
2023$46.2M · 205 accts · $1.6M emplr
2022$40.1M · 186 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,131
Investment management$8,469
Total administrative$28,600
The Gray Reed & McGraw LLP 401(k) match · 2024
Employer contribution per active participant$10,954
Median for plans this size$3,635
2024$10,954 per active participant
2023$10,253 per active participant
2022$12,204 per active participant

Gray Reed & McGraw LLP's 2024 employer contribution ran above the $3,635 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.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,131
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,469

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$28,600 · 0.06%
2023$11,279 · 0.03%
2022$11,758 · 0.03%
All plans at this employer2
GRAY REED & MCGRAW LLP PROFIT SHARING PLAN401(k)
GRAY REED & MCGRAW LLP ATTORNEYS' 401(K) PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Texas
Quisitive, LLC TX$55.3M · 0.30%
Ryder Scott Company, L.P. TX$54.2M · 0.02%
Patterson & Sheridan, LLP TX$53.7M · 0.04%
Absolute Software, Inc. TX$53.7M · 0.07%
Castle Biosciences Inc TX$52.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814045088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.