Plan Ledger DOL Form 5500 · updated monthly

Glanbia, Inc.401(k)

GLANBIA COMPANIES 401(K) PLAN · TWIN FALLS, ID · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Glanbia, Inc. reported $375,858 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $3,479 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 0.10% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 10th-largest of 349 plans among Idaho employers on file, and the 786th of 13,661 in manufacturing. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 3,572 to 4,019 since 2022.

Plan summary
Net assets, end of year$336,060,475
Participants with balances4,844
Active participants4,019
Employer contributions$13,980,744
Employee contributions$20,175,897
Employer contribution per active participant$3,479
Average account balance$69,377
Benefits paid to participants$28,314,828
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$336.1M · 4,844 accts · $14.0M emplr
2023$287.9M · 4,483 accts · $12.9M emplr
2022$238.9M · 4,474 accts · $12.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,854
Investment management$221,427
Total administrative$375,858
The Glanbia, Inc. 401(k) match · 2024
Employer contribution per active participant$3,479
Median for plans this size$4,294
2024$3,479 per active participant
2023$3,659 per active participant
2022$3,567 per active participant

Glanbia, Inc.'s 2024 employer contribution ran below 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (participants)$154,716
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$142,854
RAYMOND JAMES · Consulting$75,000
HAWLEY TROXELL · Legal$8,289

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$375,858 · 0.12%
2023$340,575 · 0.13%
2022$269,696 · 0.10%
Same employer
Similar plansManufacturing · Idaho
Micron Technology, Inc. ID$4.4B · 0.04%
J.R. Simplot Company ID$1.8B · 0.07%
Boise Cascade Company ID$740.4M · 0.08%
Lamb Weston, Inc. ID$444.2M · 0.09%
Woodgrain Inc. ID$271.8M · 0.19%
Litehouse, Inc. ID$209.6M
Riley Creek Lumber Company ID$118.5M · 0.41%
Cradlepoint, Inc. ID$103.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510324868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.