Plan Snapshot
- Plan Sponsor: Grayco, INC.
- Sponsor EIN: 541629254
- Sponsor Address: 1700 BAYBERRY COURT STE 300, RICHMOND, VA, 23226
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $21.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 157 | $21.0M | $461,968 | $612,820 |
| 2023 | 144 | $19.6M | $417,464 | $547,625 |
| 2022 | 130 | $15.4M | $376,807 | $468,910 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY A | RECORDKEEPER | $58,864 | — | $58,864 |
| RAYMOND JAMES & ASSOCIATES | INVESTMENT ADVISOR | $40,011 | — | $40,011 |
| KOSITZKA, WICKS AND COMPANY (KWC) | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KOSITZKA, WICKS AND COMPANY (KWC) — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,875
- Estimated Expense Ratio: 0.471% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $59,147 | $2,970 | $938 | — | — |
| 2023 | $49,052 | — | — | — | — |
| 2022 | $28,312 | — | $28,312 | — | — |