Plan Ledger DOL Form 5500 · updated monthly

Glasser and Glasser, P.L.C.401(k)

GLASSER AND GLASSER, P.L.C. 401(K) RETIREMENT PLAN · NORFOLK, VA · plan year 2025

Reported admin expense ratio · 2025
0.31%

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

Glasser and Glasser, P.L.C. reported $58,007 in plan administrative expenses for 2025: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,228 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 3 years on file its reported administrative ratio fell from 0.41% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 998th-largest of 2,266 plans among Virginia employers on file, and the 5,551st of 11,654 in professional & technical services. In 2025, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,967,896
Participants with balances163
Active participants126
Employer contributions$280,733
Employee contributions$466,374
Employer contribution per active participant$2,228
Average account balance$122,502
Benefits paid to participants$582,659
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$20.0M · 163 accts · $281K emplr
2024$17.0M · 199 accts · $526K emplr
2023$14.3M · 152 accts · $527K emplr
2022$13.0M · 152 accts · $458K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$16,673
Investment management$41,334
Total administrative$58,007
The Glasser and Glasser, P.L.C. 401(k) match · 2025
Employer contribution per active participant$2,228
Median for plans this size$2,666
2025$2,228 per active participant
2024$3,350 per active participant
2023$4,055 per active participant
2022$3,883 per active participant

Glasser and Glasser, P.L.C.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
JOHN HANCOCK (U.S.A.) · Recordkeeping · Loan processing$17,637
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$33,642
LEAFHOUSE FINANCIAL ADVISORS · Investment advisory (plan)$6,728

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

Recordkeeper by year2
2025John Hancock
2024John Hancock

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

Administrative cost history4
2025$58,007 · 0.31%
2024$39,294 · 0.25%
2023$41,925 · 0.31%
2022$57,519 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Virginia
Purple Strategies, LLC VA$20.1M · 0.34%
Bcf Solutions Inc VA$20.0M · 0.46%
Intelligent Waves, LLC VA$20.0M · 0.40%
Riskspan, Inc. VA$19.9M · 0.01%
Eagle Fire Inc VA$19.7M · 0.18%
Ncs Technologies, Inc. VA$19.7M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540806724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.