Plan Ledger DOL Form 5500 · updated monthly

Glacier Northwest, Inc.Money purchase plan

CALPORTLAND MONEY PURCHASE PENSION PLAN FOR HOURLY EMPLOYEES · GLENDORA, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Glacier Northwest, Inc. reported $50,772 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $7,430 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 0.14% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,607th-largest of 9,483 plans among California employers on file, and the 961st of 5,337 in construction. active participation has grown from 726 to 817 since 2022.

Plan summary
Net assets, end of year$56,248,305
Participants with balances1,048
Active participants817
Employer contributions$6,069,947
Employee contributions—
Employer contribution per active participant$7,430
Average account balance$53,672
Benefits paid to participants$4,576,100
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.2M · 1,048 accts · $6.1M emplr
2023$49.9M · 1,093 accts · $5.4M emplr
2022$42.2M · 968 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,558
Investment management$214
Total administrative$50,772
Employer contributions to the Glacier Northwest, Inc. plan · 2024
Employer contribution per active participant$7,430
Median for plans this size$3,635
2024$7,430 per active participant
2023$6,200 per active participant
2022$6,339 per active participant

Glacier Northwest, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
VANGUARD GROUP, INC · Recordkeeping$35,547
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$214

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,772 · 0.10%
2023$62,998 · 0.14%
2022$60,894 · 0.14%
Similar plansConstruction · California
Bernards Bros. Inc. CA$58.6M · 0.03%
Truebeck Construction, Inc. CA$58.4M · 0.10%
Clark Pacific CA$57.8M · 0.38%
Severson Group, Inc. CA$57.7M · 0.00%
Ks Industries, LP CA$54.9M · 0.51%
Cosco Fire Protection, Inc. CA$54.7M · 0.13%
C. Overaa & Co. CA$54.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911518360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.