Plan Ledger DOL Form 5500 · updated monthly

Gryphon Healthcare, LLC401(k)

GRYPHON HEALTHCARE 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.67%

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

Gryphon Healthcare, LLC reported $22,509 in plan administrative expenses for 2022: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,675 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 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,616th of 5,688), and 9,335th of 11,911 in health care & social assistance. In 2022, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,899,533
Participants with balances83
Active participants72
Employer contributions$120,573
Employee contributions$231,198
Employer contribution per active participant$1,675
Average account balance$34,934
Benefits paid to participants$701,323
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON, & BREZINA, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $15K emplr
2022$2.9M · 83 accts · $121K emplr
Administrative expenses, itemized · 2022
Investment management$22,509
Total administrative$22,509
The Gryphon Healthcare, LLC 401(k) match · 2022
Employer contribution per active participant$1,675
Median for plans this size$1,114

Gryphon Healthcare, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$22,509 · 0.67%
Similar plansHealth Care & Social Assistance · Texas
The Helper Bees, Inc. TX$3.0M · 1.00%
Found Health Inc. TX$2.9M · 0.10%
Aranscia, LLC TX$2.8M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833622062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.