Plan Ledger DOL Form 5500 · updated monthly

Grs Management Associates, Inc.401(k)

GRS MANAGEMENT ASSOCIATES 401(K) PLAN · LAKE WORTH, FL · plan year 2024

Reported admin expense ratio · 2024
0.33%

Grs Management Associates, Inc. reported $7,375 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. 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 fell from 0.95% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (3,005th of 3,644), and 1,796th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$2,452,660
Participants with balances247
Active participants211
Employer contributions—
Employee contributions$552,855
Employer contribution per active participant—
Average account balance$9,930
Benefits paid to participants$284,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 247 accts
2023$2.0M · 213 accts
2022$1.6M · 276 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,825
Total administrative$7,375
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 · 20243
CBIZ INVESTMENT & ADVISORY SVCSindirect comp
CBIZ BENEFITS & INS SERVICES INC · Other servicesindirect 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$7,375 · 0.33%
2023$11,715 · 0.66%
2022$15,645 · 0.95%
Same employer
Similar plansReal Estate & Leasing · Florida
Proplogix, LLC FL$3.3M · 1.56%
Housing Trust Group, LLC FL$2.5M · 0.62%
Belong Home, Inc. FL$2.0M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650891672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.