Plan Ledger DOL Form 5500 · updated monthly

Glc On-The-Go, Inc.401(k)

GLC ON-THE-GO, INC. 401(K) PLAN · WESTON, FL · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Glc On-The-Go, Inc. reported $2,534 in plan administrative expenses for 2022: 0.66% of average plan assets, below the peer median. Employer contributions averaged $146 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (3,523rd of 3,644), and 2,384th of 2,534 in administrative & support services. In 2022, employees put in $4.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$383,139
Participants with balances68
Active participants373
Employer contributions$54,452
Employee contributions$236,344
Employer contribution per active participant$146
Average account balance$5,634
Benefits paid to participants$7,697
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,534
Total administrative$2,534
The Glc On-The-Go, Inc. 401(k) match · 2022
Employer contribution per active participant$146
Median for plans this size$331

Glc On-The-Go, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,534 · 0.66%
Same employer
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Bbq Management, Inc. FL$549K · 0.38%
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Source: U.S. Department of Labor, Form 5500 series, EIN 205806648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.