Plan Ledger DOL Form 5500 · updated monthly

Glenstone Foundation401(k)

GLENSTONE FOUNDATION 401(K) PLAN · POTOMAC, MD · plan year 2025

Reported admin expense ratio · 2025
0.42%

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

Glenstone Foundation reported $37,356 in plan administrative expenses for 2025: 0.42% of average plan assets, below the peer median. Employer contributions averaged $3,595 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 fell from 0.45% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Maryland (985th of 1,671), and 673rd of 1,311 in arts, entertainment & recreation. In 2025, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,173,431
Participants with balances238
Active participants147
Employer contributions$528,445
Employee contributions$867,449
Employer contribution per active participant$3,595
Average account balance$42,746
Benefits paid to participants$940,688
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$10.2M · 238 accts · $528K emplr
2024$7.8M · 222 accts · $540K emplr
2023$6.8M · 231 accts · $363K emplr
2022$5.1M · 199 accts · $296K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$35,817
Investment management$1,539
Total administrative$37,356
The Glenstone Foundation 401(k) match · 2025
Employer contribution per active participant$3,595
Median for plans this size$1,464
2025$3,595 per active participant
2024$3,646 per active participant
2023$1,881 per active participant
2022$1,870 per active participant

Glenstone Foundation's 2025 employer contribution ran above the $1,464 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,817

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

Administrative cost history4
2025$37,356 · 0.42%
2024$33,987 · 0.47%
2023$25,105 · 0.42%
2022$23,412 · 0.45%
Same employer
Similar plansArts, Entertainment & Recreation · Maryland
Columbia Country Club MD$12.2M · 0.54%
Baltimore Country Club MD$9.4M · 0.29%
Crj, Inc. MD$9.2M · 0.46%
US Lacrosse, Inc. MD$6.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205938416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.