Plan Ledger DOL Form 5500 · updated monthly

Glass Gardens IncDC plan

GLASS GARDENS INC PROFIT SHARING PLAN · ROCHELLE PARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Glass Gardens Inc reported $34,962 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,505 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 0.042% to 0.036%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 368th-largest of 2,419 plans among New Jersey employers on file, and the 371st of 5,215 in retail trade. active participation has grown from 321 to 371 since 2022.

Plan summary
Net assets, end of year$101,859,685
Participants with balances489
Active participants371
Employer contributions$4,268,456
Employee contributions—
Employer contribution per active participant$11,505
Average account balance$208,302
Benefits paid to participants$7,540,173
Plan auditUnmodified (clean) audit opinion
AuditorWISS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$101.9M · 489 accts · $4.3M emplr
2023$92.0M · 431 accts · $3.8M emplr
2022$73.4M · 443 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Investment management$11,662
Total administrative$34,962
Employer contributions to the Glass Gardens Inc plan · 2024
Employer contribution per active participant$11,505
Median for plans this size$3,635
2024$11,505 per active participant
2023$11,923 per active participant
2022$10,569 per active participant

Glass Gardens 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 · 20242
WISS & COMPANY LLP · Accounting / audit$23,300
FIDELITY INV INST OPERATIONS CO INC · Trustee (directed) · Loan processing$11,662

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$34,962 · 0.04%
2023$33,769 · 0.04%
2022$29,119 · 0.04%
Same employer
Similar plansRetail Trade · New Jersey
H&M Fashion USA, Inc. NJ$141.6M · 0.11%
The Children's Place, Inc. NJ$129.9M · 0.19%
Village Super Market, Inc. NJ$105.9M · 0.16%
Saker Shoprites, Inc. NJ$105.9M · 0.10%
H & M Hennes & Mauritz, LP NJ$101.0M · 0.11%
Inserra Supermarkets, Inc. NJ$74.9M · 0.18%
Spencer Gifts LLC NJ$71.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221579519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.