Plan Ledger DOL Form 5500 · updated monthly

Continental Glass Systems, LLC401(k)

CONTINENTAL GLASS SYSTEMS 401(K) PLAN · HIALEAH, FL · plan year 2023

Employer contribution per participant · 2023
$1,338

Continental Glass Systems, LLC's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,843,855 across 93 participant accounts, with employer contributions averaging $1,338 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,921st of 3,644), and 12,371st of 13,661 in manufacturing. In 2023, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,843,855
Participants with balances93
Active participants127
Employer contributions$169,887
Employee contributions$343,113
Employer contribution per active participant$1,338
Average account balance$30,579
Benefits paid to participants$122,345
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.8M · 93 accts · $170K emplr
2022$2.1M · 114 accts · $132K emplr
The Continental Glass Systems, LLC 401(k) match · 2023
Employer contribution per active participant$1,338
Median for plans this size$1,308
2023$1,338 per active participant
2022$1,121 per active participant

Continental Glass Systems, LLC's 2023 employer contribution ran above the $1,308 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.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,781

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023Not separately reported
2022$10,474 · 0.49%
Same employer
Similar plansManufacturing · Florida
Es Investments, LLC FL$3.1M · 0.50%
Lawson Industries, Inc. FL$2.9M · 0.41%
Composite Modules, Inc. FL$2.9M · 1.23%
Venus Concept USA Inc. FL$2.9M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300858211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.