Plan Ledger DOL Form 5500 · updated monthly

Gle Management Services, LLC401(k)

GLE MANAGEMENT SERVICES, LLC 401(K) PLAN · CHARLESTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Gle Management Services, LLC reported $8,913 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,578 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 0.16% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 45th-largest of 265 plans among West Virginia employers on file, and the 193rd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 218 to 240 since 2022.

Plan summary
Net assets, end of year$44,905,108
Participants with balances271
Active participants240
Employer contributions$1,098,733
Employee contributions$1,773,164
Employer contribution per active participant$4,578
Average account balance$165,702
Benefits paid to participants$1,948,717
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.9M · 271 accts · $1.1M emplr
2023$39.0M · 261 accts · $1.1M emplr
2022$32.2M · 257 accts · $814K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,878
Total administrative$8,913
The Gle Management Services, LLC 401(k) match · 2024
Employer contribution per active participant$4,578
Median for plans this size$2,416
2024$4,578 per active participant
2023$4,552 per active participant
2022$3,732 per active participant

Gle Management Services, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$8,913 · 0.02%
2023$1,675 · 0.00%
2022$56,148 · 0.16%
Same employer
Similar plansMining, Oil & Gas Extraction · West Virginia
Coronado Coal LLC WV$75.7M · 0.28%
Jonah Energy, LLC CO$47.5M · 0.06%
Small Mine Development, LLC ID$46.4M · 0.37%
Sibelco North America, Inc. NC$45.4M · 0.04%
Comstock Resources, Inc. TX$43.9M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 822859615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.