Plan Ledger DOL Form 5500 · updated monthly

Greystone of Lincoln Inc401(k)

GREYSTONE, INCORPORATED PROFIT SHARING & SAVINGS PLAN · LINCOLN, RI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Greystone of Lincoln Inc reported $13,720 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 has held roughly steady near 0.052%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 99th-largest of 286 plans among Rhode Island employers on file, and the 4,742nd of 13,661 in manufacturing. active participation has grown from 462 to 513 since 2022.

Plan summary
Net assets, end of year$27,946,016
Participants with balances354
Active participants513
Employer contributions$0
Employee contributions$1,371,381
Employer contribution per active participant$0
Average account balance$78,944
Benefits paid to participants$4,042,691
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 354 accts
2023$25.2M · 378 accts · $128K emplr
2022$20.5M · 401 accts · $115K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,381
Investment management$8,339
Total administrative$13,720
The Greystone of Lincoln Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$291 per active participant
2022$249 per active participant

Greystone of Lincoln Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,338
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,381

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$13,720 · 0.05%
2023$13,272 · 0.06%
2022$12,070 · 0.05%
Similar plansManufacturing · Rhode Island
Kvh Industries, Inc. RI$42.8M · 0.24%
Senvias, Inc. RI$30.2M · 0.62%
Mahr Inc. RI$29.1M · 0.01%
Alloy Holdings, LLC RI$27.9M · 0.44%
A.T. Cross Company LLC RI$21.8M · 0.19%
Atw Companies, Inc. RI$21.7M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050484830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.