Plan Ledger DOL Form 5500 · updated monthly

Glenmeadow, Inc.403(b)

GLENMEADOW, INC. 403(B) RETIREMENT PLAN · LONGMEADOW, MA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Glenmeadow, Inc. reported $55,268 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $396 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 0.84% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,131st of 2,726), and 6,785th of 11,911 in health care & social assistance. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,165,070
Participants with balances145
Active participants234
Employer contributions$92,666
Employee contributions$218,294
Employer contribution per active participant$396
Average account balance$49,414
Benefits paid to participants$718,617
Plan auditDisclaimer of opinion
AuditorMEYER BROTHERS KALICKA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 145 accts · $93K emplr
2023$6.9M · 141 accts · $82K emplr
2022$6.2M · 155 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,909
Investment management$13,359
Total administrative$55,268
Employer contributions to the Glenmeadow, Inc. plan · 2024
Employer contribution per active participant$396
Median for plans this size$1,313
2024$396 per active participant
2023$341 per active participant
2022$377 per active participant

Glenmeadow, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$41,909
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$7,749
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$5,610

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$55,268 · 0.78%
2023$52,397 · 0.80%
2022$50,379 · 0.84%
Similar plansHealth Care & Social Assistance · Massachusetts
House Works LLC MA$7.2M · 0.63%
Tri-Valley, Inc. MA$7.2M · 0.37%
Mamary, Inc. MA$7.1M · 0.38%
Loomis House, Inc. MA$7.1M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042105937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.