Plan Ledger DOL Form 5500 · updated monthly

Grenadier Realty Management LLC401(k)

GRM LLC 401(K) PROFIT SHARING PLAN · BROOKLYN, NY · plan year 2021

Reported admin expense ratio · 2021
0.50%

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

Grenadier Realty Management LLC reported $63,161 in plan administrative expenses for 2021: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,335 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 3 years on file its reported administrative ratio rose from 0.50% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 109 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (3,339th of 5,648), and the 992nd of 2,096 in real estate & leasing. In 2021, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,892,577
Participants with balances185
Active participants81
Employer contributions$189,151
Employee contributions$338,486
Employer contribution per active participant$2,335
Average account balance$64,284
Benefits paid to participants$3,388,711
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$8.9M · 227 accts · $258K emplr
2023$8.8M · 181 accts · $185K emplr
2022$9.6M · 183 accts · $198K emplr
2021$11.9M · 185 accts · $189K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$58,582
Investment management$2,334
Total administrative$63,161
The Grenadier Realty Management LLC 401(k) match · 2021
Employer contribution per active participant$2,335
Median for plans this size$2,122
2024$2,223 per active participant
2023$2,281 per active participant
2022$2,508 per active participant
2021$2,335 per active participant

Grenadier Realty Management LLC's 2021 employer contribution ran above the $2,122 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023JOH HANCOCK NEW YORK

This plan has changed recordkeepers within these filings. If you left Grenadier Realty Management LLC 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 history4
2024$47,671 · 0.54%
2023$47,767 · 0.52%
2022$55,932 · 0.52%
2021$63,161 · 0.50%
Similar plansReal Estate & Leasing · New York
Grenadier Realty Corp NY$13.5M · 0.52%
United Payroll, LLC NY$13.1M · 0.16%
Thor Equities, LLC NY$11.8M · 0.57%
Relo Redac, Inc. NY$11.7M · 0.96%
Aion Management, LLC NY$11.3M · 1.10%
Orchard Technologies, Inc NY$11.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611699997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.