Plan Ledger DOL Form 5500 · updated monthly

Glen-Gery Corporation401(k)

GLEN-GERY CORPORATION 401(K) PLAN · WYOMISSING, PA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Glen-Gery Corporation reported $131,372 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,078 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 0.08% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 760th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,062nd of 13,661 in manufacturing. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,001,118
Participants with balances1,056
Active participants860
Employer contributions$1,787,080
Employee contributions$3,586,311
Employer contribution per active participant$2,078
Average account balance$49,243
Benefits paid to participants$7,502,680
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN & COMPANY INC
Plan history3
Yearassets · accounts · employer contribution
2024$52.0M · 1,056 accts · $1.8M emplr
2023$47.6M · 1,028 accts · $1.8M emplr
2022$41.1M · 1,035 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,818
Investment management$28,554
Total administrative$131,372
The Glen-Gery Corporation 401(k) match · 2024
Employer contribution per active participant$2,078
Median for plans this size$2,416
2024$2,078 per active participant
2023$2,291 per active participant
2022$2,018 per active participant

Glen-Gery Corporation's 2024 employer contribution ran below 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 · 20242
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$102,818
MERRILL LYNCH · Investment advisory (participants)$28,554

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$131,372 · 0.26%
2023$89,183 · 0.20%
2022$37,369 · 0.08%
Same employer
Similar plansManufacturing · Pennsylvania
Solar Atmospheres Inc. PA$54.4M · 0.35%
Ems Holdco, Inc. PA$53.2M · 0.32%
Kurt J Lesker Co PA$52.7M · 0.19%
Livent USA Corp PA$52.2M · 0.07%
R M Palmer Company LLC PA$50.6M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310943426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.