Plan Ledger DOL Form 5500 · updated monthly

Grayco Partners LLC401(k)

GRAYCO PARTNERS 401K PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Grayco Partners LLC reported $4,977 in plan administrative expenses for 2023: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,118 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 rose from 0.05% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (4,977th of 5,688), and 1,877th of 2,096 in real estate & leasing. In 2023, employees put in $3.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,834,669
Participants with balances57
Active participants29
Employer contributions$32,435
Employee contributions$123,929
Employer contribution per active participant$1,118
Average account balance$32,187
Benefits paid to participants$253,049
Plan auditUnmodified (clean) audit opinion
AuditorREIMER MCGUINNESS HESS
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 57 accts · $32K emplr
2022$1.7M · 136 accts · $69K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,977
Total administrative$4,977
The Grayco Partners LLC 401(k) match · 2023
Employer contribution per active participant$1,118
Median for plans this size$1,308
2023$1,118 per active participant
2022$2,149 per active participant

Grayco Partners 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 · 20232
ADP, INC. · Loan processing · Recordkeeping$4,977
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$4,977 · 0.28%
2022$950 · 0.05%
Similar plansReal Estate & Leasing · Texas
Hospice Source, LLC TX$1.7M · 0.30%
Rreaf Holdings, LLC TX$1.7M · 1.67%
Megatel Homes, LLC TX$1.6M · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204044920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.