Plan Ledger DOL Form 5500 · updated monthly

Glendale Realty Services Group, LLC401(k)

GLENDALE REALTY SERVICES GROUP, LLC 401(K) PROFIT SHARING PLAN · TONAWANDA, NY · plan year 2023

Reported admin expense ratio · 2023
1.18%

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

Glendale Realty Services Group, LLC reported $24,638 in plan administrative expenses for 2023: 1.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $809 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 1 year on file its reported administrative ratio rose from 1.12% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (5,058th of 5,648), and 1,818th of 2,096 in real estate & leasing. In 2023, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,326,418
Participants with balances97
Active participants125
Employer contributions$101,093
Employee contributions$239,333
Employer contribution per active participant$809
Average account balance$23,984
Benefits paid to participants$164,080
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.3M · 97 accts · $101K emplr
2022$1.8M · 100 accts · $81K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,716
Investment management$4,922
Total administrative$24,638
The Glendale Realty Services Group, LLC 401(k) match · 2023
Employer contribution per active participant$809
Median for plans this size$1,308
2023$809 per active participant
2022$646 per active participant

Glendale Realty Services Group, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,869
LEVEL FINANCIAL ADVISORS, INC. · Investment advisory (participants)$4,922

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

Administrative cost history2
2023$24,638 · 1.18%
2022$20,423 · 1.12%
Similar plansReal Estate & Leasing · New York
Neuehouse Management, LLC NY$2.5M · 1.64%
Shinda Management Corp NY$2.5M · 0.62%
Elh Mgmt LLC NY$2.4M · 0.29%
Aj Costello Group LLC NY$1.7M · 0.67%
Chason Management LLC NY$1.4M · 1.09%
Greyston Bakery, Inc. NY$1.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264021991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.