Plan Ledger DOL Form 5500 · updated monthly

Glenroy, Inc.401(k)

GLENROY, INC. 401(K) RETIREMENT PLAN · MENOMONEE FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Glenroy, Inc. reported $143,401 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,340 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 0.45%. 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 587th-largest of 1,936 plans among Wisconsin employers on file, and the 4,212th of 13,661 in manufacturing. In 2024, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,735,256
Participants with balances274
Active participants195
Employer contributions$456,242
Employee contributions$1,354,183
Employer contribution per active participant$2,340
Average account balance$119,472
Benefits paid to participants$4,240,846
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 274 accts · $456K emplr
2023$31.7M · 253 accts · $472K emplr
2022$29.3M · 284 accts · $507K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,201
Investment management$50,000
Audit (IQPA)$11,200
Total administrative$143,401
The Glenroy, Inc. 401(k) match · 2024
Employer contribution per active participant$2,340
Median for plans this size$2,416
2024$2,340 per active participant
2023$2,580 per active participant
2022$2,448 per active participant

Glenroy, Inc.'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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$64,156
DEFINITI, LLC · Recordkeeping · Loan processing$18,045
MORGAN STANLEY · Investment advisory (plan)$50,000
SIKICH CPA LLC · Accounting / audit$11,200

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

Recordkeeper by year2
2024Definiti, Transamerica
2023Definiti, Transamerica

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

Administrative cost history3
2024$143,401 · 0.45%
2023$150,491 · 0.49%
2022$129,260 · 0.46%
Same employer
Similar plansManufacturing · Wisconsin
Milsco, LLC WI$33.2M · 0.18%
Putzmeister America, Inc. WI$33.2M · 0.34%
Steel King Industries, Inc. WI$32.3M · 0.65%
Pointe Precision, Inc. WI$32.2M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391046441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.