Plan Ledger DOL Form 5500 · updated monthly

Chemglass, Inc401(k)

CHEMGLASS 401(K) SAVINGS & INVESTMENT PLAN · VINELAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Chemglass, Inc reported $93,870 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,086 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 0.31% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,017th-largest of 2,419 plans among New Jersey employers on file, and the 5,577th of 13,661 in manufacturing. In 2024, employees put in $4.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,936,853
Participants with balances234
Active participants207
Employer contributions$224,753
Employee contributions$984,240
Employer contribution per active participant$1,086
Average account balance$93,747
Benefits paid to participants$2,842,349
Plan auditUnmodified (clean) audit opinion
AuditorMERCADIEN P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 234 accts · $225K emplr
2023$20.7M · 233 accts · $230K emplr
2022$17.5M · 222 accts · $151K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,870
Total administrative$93,870
The Chemglass, Inc 401(k) match · 2024
Employer contribution per active participant$1,086
Median for plans this size$2,416
2024$1,086 per active participant
2023$1,050 per active participant
2022$674 per active participant

Chemglass, Inc'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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$60,540
ASCENSUS HOLDINGS DBA FUTUREPLAN · Contract administrator$3,060

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$93,870 · 0.44%
2023$76,386 · 0.40%
2022$60,132 · 0.31%
Same employer
Similar plansManufacturing · New Jersey
Generant Company, Inc. NJ$23.5M · 0.01%
Johanna Foods, Inc. NJ$23.0M · 0.19%
Ware Industries, Inc. NJ$22.9M · 0.34%
Rotor Clip Company, Inc. NJ$21.8M · 0.04%
Allen Flavors, Inc. NJ$21.7M · 0.45%
I.D. Systems, Inc. NJ$21.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210672397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.