Plan Snapshot
- Plan Sponsor: Strauss Ventures, LLC D/B/A The Grand Healthcare System
- Sponsor EIN: 471594822
- Sponsor Address: 70 E. SUNRISE HIGHWAY, VALLEY STREAM, NY, 11581
- Plan Type: 401(k)
- Total Participants: 3,614
- Total Assets: $15.2M
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 | 3,614 | $15.2M | $515,210 | $1.9M |
| 2023 | 2,958 | $12.6M | $482,284 | $1.7M |
| 2022 | 2,681 | $9.6M | $427,621 | $1.5M |
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 |
|---|---|---|---|---|
| HMM & CO. , LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $116,784 | $42,517 | — | — | — |
| 2023 | $87,813 | $33,159 | — | — | — |
| 2022 | $84,492 | — | — | — | — |