Plan Ledger DOL Form 5500 · updated monthly

The I Grace Company, Inc.401(k)

THE I GRACE COMPANY RETIREMENT SAVINGS PLAN · LONG ISLAND CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

The I Grace Company, Inc. reported $52,728 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,873 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 2 years on file its reported administrative ratio rose from 0.44% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (3,288th of 5,648), and the 889th of 2,534 in administrative & support services. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,247,336
Participants with balances157
Active participants88
Employer contributions$252,788
Employee contributions$768,012
Employer contribution per active participant$2,873
Average account balance$78,009
Benefits paid to participants$616,019
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 157 accts · $253K emplr
2023$10.3M · 150 accts · $232K emplr
2022$8.6M · 141 accts · $211K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,065
Investment management$48,663
Total administrative$52,728
The The I Grace Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,873
Median for plans this size$2,416
2024$2,873 per active participant
2023$2,763 per active participant
2022$2,604 per active participant

The I Grace Company, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ALLIANT INSURANCE SERVICES · Contract administrator · Investment advisory (plan)$30,593
EMPOWER ADVISORY GROUP, LLC · Investment management$5,862

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$52,728 · 0.47%
2023$41,966 · 0.44%
2022$40,922 · 0.44%
Similar plansAdministrative & Support Services · New York
Affiliated Monitoring, Inc. NY$12.7M · 0.75%
Todaytix, Inc. NY$12.2M · 0.44%
Tempositions, Inc. NY$11.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133494074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.