Plan Ledger DOL Form 5500 · updated monthly

Glenn Rieder, LLC401(k)

GLENN RIEDER, LLC 401(K) SAVINGS PLAN · WEST ALLIS, WI · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Glenn Rieder, LLC reported $87,138 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,950 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 3 years on file its reported administrative ratio has held roughly steady near 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 870th-largest of 1,936 plans among Wisconsin employers on file, and the 2,049th of 5,337 in construction. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 200 to 275 since 2022.

Plan summary
Net assets, end of year$19,551,442
Participants with balances305
Active participants275
Employer contributions$811,196
Employee contributions$1,573,168
Employer contribution per active participant$2,950
Average account balance$64,103
Benefits paid to participants$3,434,109
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 305 accts · $811K emplr
2023$18.3M · 302 accts · $721K emplr
2022$15.4M · 251 accts · $636K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,035
Investment management$50,103
Total administrative$87,138
The Glenn Rieder, LLC 401(k) match · 2024
Employer contribution per active participant$2,950
Median for plans this size$2,416
2024$2,950 per active participant
2023$2,794 per active participant
2022$3,182 per active participant

Glenn Rieder, LLC's 2024 employer contribution ran above 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
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$37,035
SPECTRUM INVESTMENT ADVISORS, INC. · Investment advisory (plan)$50,103

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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Administrative cost history3
2024$87,138 · 0.46%
2023$78,663 · 0.47%
2022$80,519 · 0.47%
Same employer
Similar plansConstruction · Wisconsin
Pitlik & Wick, Inc. WI$22.9M · 0.33%
Staff Electric Company Inc WI$22.3M · 0.39%
Cleary Building Corp. WI$19.3M · 0.68%
Kraemer Brothers, LLC WI$18.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391048479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.