Plan Ledger DOL Form 5500 · updated monthly

Glaziers & Glassworkers Local 660 Individual Account PlanProfit-sharing plan

GLAZIERS & GLASSWORKERS LOCAL 660 INDIVIDUAL ACCOUNT PLAN · CHEEKTOWAGA, NY · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Glaziers & Glassworkers Local 660 Individual Account Plan reported $156,511 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,213 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 has held roughly steady near 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,958th-largest of 5,648 plans among New York employers on file, and the 1,530th of 5,337 in construction. active participation has shrunk from 514 to 391 since 2022.

Plan summary
Net assets, end of year$29,960,030
Participants with balances457
Active participants391
Employer contributions$1,256,175
Employee contributions—
Employer contribution per active participant$3,213
Average account balance$65,558
Benefits paid to participants$2,386,531
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 457 accts · $1.3M emplr
2023$26.9M · 469 accts · $1.4M emplr
2022$22.8M · 588 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,965
Investment management$103,646
Audit (IQPA)$17,050
Total administrative$156,511
Employer contributions to the Glaziers & Glassworkers Local 660 Individual Account Plan plan · 2024
Employer contribution per active participant$3,213
Median for plans this size$2,416
2024$3,213 per active participant
2023$2,977 per active participant
2022$3,483 per active participant

Glaziers & Glassworkers Local 660 Individual Account Plan's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
BENEFIT PLANS ADMINISTRATIVE SVCS · Recordkeeping$58,899
APPOLLO WEALTH MANAGEMENT, LLC · Investment advisory (plan)$61,712
TRONCONI SEGARRA & ASSOCIATES LLP · Accounting / audit$17,050
PDC NO. 4 HEALTH & WELFARE TRUST · Plan administrator$7,200

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVCS
2023BENEFIT PLANS ADMINISTRATIVE SVCS

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

Administrative cost history3
2024$156,511 · 0.55%
2023$151,975 · 0.61%
2022$140,859 · 0.56%
Same employer
Similar plansConstruction · New York
Luck Brothers, Inc. NY$31.1M · 0.51%
Holt Construction Corp. NY$27.3M · 0.05%
Urban Atelier Group, LLC NY$26.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160921100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.