Plan Ledger DOL Form 5500 · updated monthly

Glander International Bunkering, Inc.401(k)

USTC RETIREMENT PLAN · PALM BEACH GARDENS, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Glander International Bunkering, Inc. reported $31,912 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $5,627 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 0.19% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,114th-largest of 3,644 plans among Florida employers on file, and the 5,538th of 11,654 in professional & technical services. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,022,664
Participants with balances120
Active participants96
Employer contributions$540,155
Employee contributions$1,058,242
Employer contribution per active participant$5,627
Average account balance$166,856
Benefits paid to participants$739,811
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 120 accts · $540K emplr
2023$16.7M · 123 accts · $544K emplr
2022$14.8M · 128 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,912
Total administrative$31,912
The Glander International Bunkering, Inc. 401(k) match · 2024
Employer contribution per active participant$5,627
Median for plans this size$2,416
2024$5,627 per active participant
2023$6,117 per active participant
2022$6,001 per active participant

Glander International Bunkering, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$31,912

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$31,912 · 0.17%
2023$28,784 · 0.18%
2022$30,878 · 0.19%
Similar plansProfessional & Technical Services · Florida
Deepwatch, Inc. FL$20.2M · 0.56%
Kelley Kronenberg, P.A. FL$20.1M · 0.41%
Velocity Solutions, LLC FL$19.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131934902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.