Plan Ledger DOL Form 5500 · updated monthly

Greystone Programs, Inc.401(k)

THE GREYSTONE PROGRAMS, INC. RETIREMENT PLAN · HOPEWELL JUNCTION, NY · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Greystone Programs, Inc. reported $56,749 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $256 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 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,416th of 5,648), and 7,728th of 11,911 in health care & social assistance. In 2024, employees put in $3.79 for every $1.00 the employer contributed; active participation has grown from 182 to 254 since 2022.

Plan summary
Net assets, end of year$5,339,890
Participants with balances192
Active participants254
Employer contributions$64,941
Employee contributions$246,124
Employer contribution per active participant$256
Average account balance$27,812
Benefits paid to participants$485,344
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 192 accts · $65K emplr
2023$4.9M · 185 accts · $13K emplr
2022$4.4M · 211 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,594
Investment management$15,155
Total administrative$56,749
The Greystone Programs, Inc. 401(k) match · 2024
Employer contribution per active participant$256
Median for plans this size$1,313
2024$256 per active participant
2023$71 per active participant
2022$356 per active participant

Greystone Programs, Inc.'s 2024 employer contribution ran below the $1,313 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,594
FOCUSED WEALTH MANAGEMENT INC · Investment advisory (plan)$15,155

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$56,749 · 1.10%
2023$51,002 · 1.10%
2022$50,174 · 1.07%
Same employer
Similar plansHealth Care & Social Assistance · New York
Mercy Drive Inc. NY$5.4M · 0.02%
Casa-Trinity Inc NY$5.4M · 0.84%
Tioga Opportunities, Inc. NY$5.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141608318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.