Plan Ledger DOL Form 5500 · updated monthly

Glade Run Lutheran Services401(k)

GLADE RUN LUTHERAN SERVICES 401(K) PLAN · ZELIENOPLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Glade Run Lutheran Services reported $35,726 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $799 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 0.73% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,748th of 3,651), and 7,361st of 11,911 in health care & social assistance. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 190 to 219 since 2022.

Plan summary
Net assets, end of year$5,976,317
Participants with balances274
Active participants219
Employer contributions$175,030
Employee contributions$396,918
Employer contribution per active participant$799
Average account balance$21,811
Benefits paid to participants$392,608
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK & FORD, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 274 accts · $175K emplr
2023$5.1M · 274 accts · $101K emplr
2022$4.2M · 243 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,681
Investment management$7,045
Total administrative$35,726
The Glade Run Lutheran Services 401(k) match · 2024
Employer contribution per active participant$799
Median for plans this size$1,313
2024$799 per active participant
2023$505 per active participant
2022$488 per active participant

Glade Run Lutheran Services's 2024 employer contribution ran below the $1,313 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 · 20242
JOHN HANCOCK · Contract administrator$10,291
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$8,948

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$35,726 · 0.65%
2023$50,637 · 1.09%
2022$35,368 · 0.73%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Highlands Hospital PA$6.0M · 0.40%
Laurel View Village PA$6.0M · 0.23%
Shared Support Inc. PA$5.9M · 0.53%
Longwood at Oakmont, Inc. PA$5.9M · 0.45%
Xanitos Inc. PA$5.9M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250974320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.