Plan Ledger DOL Form 5500 · updated monthly

Grayson & Associates, P.C.401(k)

GRAYSON & ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN · VESTAVIA HILLS, AL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Grayson & Associates, P.C. reported $45,005 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $9,291 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 0.08% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 262nd-largest of 902 plans among Alabama employers on file, and the 3,183rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves; active participation has shrunk from 105 to 86 since 2022.

Plan summary
Net assets, end of year$24,668,248
Participants with balances147
Active participants86
Employer contributions$799,061
Employee contributions$637,667
Employer contribution per active participant$9,291
Average account balance$167,811
Benefits paid to participants$3,385,745
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.7M · 147 accts · $799K emplr
2023$24.0M · 145 accts · $744K emplr
2022$20.7M · 142 accts · $729K emplr
Administrative expenses, itemized · 2024
Investment management$45,005
Total administrative$45,005
The Grayson & Associates, P.C. 401(k) match · 2024
Employer contribution per active participant$9,291
Median for plans this size$2,416
2024$9,291 per active participant
2023$7,018 per active participant
2022$6,940 per active participant

Grayson & Associates, P.C.'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.

Service providers · 20244
APRIO LLP · Accounting / audit$23,796
RAYMOND JAMES INSURANCE GROUP INCindirect comp
PEARCE BEVILL LEESBURG MOORE PC · Contract administratorindirect comp

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$45,005 · 0.19%
2023$45,454 · 0.20%
2022$19,086 · 0.08%
Similar plansHealth Care & Social Assistance · Alabama
Gut, P.C. AL$25.8M · 0.38%
Norwood Clinic, Inc. AL$24.4M · 0.18%
Alabama Medical Group P.C. AL$23.8M · 0.44%
American Family Care, Inc. AL$22.7M · 0.94%
Therapy South, LLC AL$21.8M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630917523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.