Plan Ledger DOL Form 5500 · updated monthly

Glasstech, Inc.401(k)

EMPLOYEES' SAVINGS PLAN OF GLASSTECH, INC. · PERRYSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Glasstech, Inc. reported $41,464 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.18% to 0.20%. 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 1,267th-largest of 3,295 plans among Ohio employers on file, and the 5,344th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$21,120,672
Participants with balances60
Active participants61
Employer contributions$0
Employee contributions$662,702
Employer contribution per active participant$0
Average account balance$352,011
Benefits paid to participants$1,771,470
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 60 accts
2023$19.9M · 66 accts
2022$17.6M · 68 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,946
Investment management$28,518
Total administrative$41,464
The Glasstech, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Glasstech, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
EVERHART FINANCIAL GROUP INC · Investment advisory (plan)$28,518
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,946

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$41,464 · 0.20%
2023$32,507 · 0.17%
2022$30,372 · 0.18%
All plans at this employer2
EMPLOYEES' PENSION PLAN OF GLASSTECH, INC.Defined-contribution plan
EMPLOYEES' SAVINGS PLAN OF GLASSTECH, INC.401(k)
Similar plansProfessional & Technical Services · Ohio
Bowser-Morner, Inc OH$21.7M · 0.30%
Hills Developers, Inc. OH$21.6M · 0.50%
Arrow Tru-Line, Inc. OH$21.2M · 0.42%
Shared Services, LLC OH$20.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133440225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.