Plan Ledger DOL Form 5500 · updated monthly

Greater Shield, LLC dba Ground Support Services401(k)

GROUND SUPPORT SERVICES PREVAILING WAGE PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
1.35%

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

Greater Shield, LLC dba Ground Support Services reported $25,733 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,973 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (5,002nd of 5,648), and 1,833rd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$2,593,851
Participants with balances367
Active participants153
Employer contributions$1,372,850
Employee contributions—
Employer contribution per active participant$8,973
Average account balance$7,068
Benefits paid to participants$139,223
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAN LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,733
Total administrative$25,733
The Greater Shield, LLC dba Ground Support Services 401(k) match · 2024
Employer contribution per active participant$8,973
Median for plans this size$1,313

Greater Shield, LLC dba Ground Support Services's 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURNCE COMPANY · Contract administrator$24,333
PARK AVENUE SECURITIES · Investment advisory (plan)indirect comp

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

Administrative cost history1
2024$25,733 · 1.35%
Similar plansAdministrative & Support Services · New York
Indagare Travel, Inc. NY$2.9M · 0.63%
The Bachrach Group, LTD NY$2.7M · 0.91%
Infinity Trans, Inc. NY$2.5M · 0.57%
Glc Business Services LLC NY$2.5M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471362592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.