Plan Ledger DOL Form 5500 · updated monthly

Glazer's, Inc.401(k)

GLAZER'S, INC. PROFIT SHARING PLAN AND TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Glazer's, Inc. reported $22,632 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,066 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 412th-largest of 5,688 plans among Texas employers on file, and the 251st of 4,246 in wholesale trade. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has grown from 1,552 to 1,859 since 2022.

Plan summary
Net assets, end of year$191,949,469
Participants with balances2,753
Active participants1,859
Employer contributions$1,982,399
Employee contributions$5,495,042
Employer contribution per active participant$1,066
Average account balance$69,724
Benefits paid to participants$23,949,348
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$191.9M · 2,753 accts · $2.0M emplr
2023$174.4M · 2,922 accts · $1.8M emplr
2022$143.7M · 2,814 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Investment management$51,146
Audit (IQPA)$55,125
Total administrative$22,632
The Glazer's, Inc. 401(k) match · 2024
Employer contribution per active participant$1,066
Median for plans this size$3,635
2024$1,066 per active participant
2023$946 per active participant
2022$1,058 per active participant

Glazer's, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
BAKER TILLY US, LLP · Accounting / audit$55,125
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$51,146

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$22,632 · 0.01%
2023Not separately reported
2022$36,923 · 0.02%
Same employer
Similar plansWholesale Trade · Texas
Dxp Enterprises, Inc. TX$250.0M · 0.01%
Reece Inc. TX$222.2M · 0.07%
Morsco Supply, LLC TX$181.6M · 0.06%
Vitol Inc. TX$165.4M · 0.09%
Kubota Tractor Corp. TX$164.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463963536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.