Plan Ledger DOL Form 5500 · updated monthly

Glacier Bancorp, Inc.401(k)

GLACIER BANCORP, INC. PROFIT SHARING AND 401(K) PLAN · KALISPELL, MT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Glacier Bancorp, Inc. reported $126,411 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,692 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 fell from 0.06% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3rd-largest of 229 plans among Montana employers on file, and the 292nd of 4,798 in finance & insurance. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$537,940,116
Participants with balances4,860
Active participants3,535
Employer contributions$20,122,114
Employee contributions$21,712,475
Employer contribution per active participant$5,692
Average account balance$110,687
Benefits paid to participants$61,650,231
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$537.9M · 4,860 accts · $20.1M emplr
2023$484.8M · 4,607 accts · $29.6M emplr
2022$412.4M · 4,623 accts · $26.7M emplr
Administrative expenses, itemized · 2024
Investment management$157,708
Audit (IQPA)$23,654
Total administrative$126,411
The Glacier Bancorp, Inc. 401(k) match · 2024
Employer contribution per active participant$5,692
Median for plans this size$4,294
2024$5,692 per active participant
2023$9,198 per active participant
2022$8,188 per active participant

Glacier Bancorp, Inc.'s 2024 employer contribution ran above the $4,294 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
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$157,708
MOSS ADAMS LLP · Accounting / audit$23,654

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$126,411 · 0.02%
2023$231,592 · 0.05%
2022$264,855 · 0.06%
Same employer
Similar plansFinance & Insurance · Montana
D.A. Davidson Companies MT$622.7M · 0.03%
Lord, Abbett & Co. LLC NJ$554.1M · 0.03%
Everest Reinsurance Company NJ$553.0M · 0.08%
Janus Capital Group Inc. CO$544.8M · 0.05%
Rate Holdings Corp. IL$525.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810519541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.