Plan Ledger DOL Form 5500 · updated monthly

Strauss Ventures, LLC D/B/A the Grand Healthcare System401(k)

THE GRAND HEALTHCARE SYSTEM 401(K) PLAN · VALLEY STREAM, NY · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Strauss Ventures, LLC D/B/A the Grand Healthcare System reported $116,784 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $143 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 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (2,950th of 5,648), and the 4,454th of 11,911 in health care & social assistance. In 2024, employees put in $3.74 for every $1.00 the employer contributed; active participation has grown from 2,681 to 3,614 since 2022.

Plan summary
Net assets, end of year$15,189,109
Participants with balances486
Active participants3,614
Employer contributions$515,210
Employee contributions$1,928,408
Employer contribution per active participant$143
Average account balance$31,253
Benefits paid to participants$1,217,081
Plan auditUnmodified (clean) audit opinion
AuditorHMM & CO. , LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 486 accts · $515K emplr
2023$12.6M · 388 accts · $482K emplr
2022$9.6M · 405 accts · $428K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,267
Investment management$42,517
Total administrative$116,784
The Strauss Ventures, LLC D/B/A the Grand Healthcare System 401(k) match · 2024
Employer contribution per active participant$143
Median for plans this size$2,416
2024$143 per active participant
2023$163 per active participant
2022$160 per active participant

Strauss Ventures, LLC D/B/A the Grand Healthcare System'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$74,267
PROCYON ADVISORS LLC · Investment advisory (plan)$42,517

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$116,784 · 0.84%
2023$87,813 · 0.79%
2022$84,492 · 0.85%
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Acmh, Inc. NY$15.2M · 0.60%
New Hope Community, Inc. NY$15.2M · 0.79%
Food Bank for New York City NY$15.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471594822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.