Plan Ledger DOL Form 5500 · updated monthly

Glenwood Management Corporation401(k)

GLENWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN · NEW HYDE PARK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Glenwood Management Corporation reported $59,716 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $3,010 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 rose from 0.06% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,051st-largest of 5,648 plans among New York employers on file, and the 187th of 2,096 in real estate & leasing. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has grown from 301 to 332 since 2022.

Plan summary
Net assets, end of year$71,337,814
Participants with balances351
Active participants332
Employer contributions$999,232
Employee contributions$2,879,562
Employer contribution per active participant$3,010
Average account balance$203,242
Benefits paid to participants$5,672,530
Plan auditUnmodified (clean) audit opinion
AuditorLM COHEN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$71.3M · 351 accts · $999K emplr
2023$65.4M · 302 accts · $381K emplr
2022$58.3M · 306 accts · $398K emplr
Administrative expenses, itemized · 2024
Investment management$7,162
Audit (IQPA)$25,000
Total administrative$59,716
The Glenwood Management Corporation 401(k) match · 2024
Employer contribution per active participant$3,010
Median for plans this size$3,635
2024$3,010 per active participant
2023$1,242 per active participant
2022$1,323 per active participant

Glenwood Management Corporation's 2024 employer contribution ran below the $3,635 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 · 20246
STANDARD PENSION SERVICES LLC$27,554
ASCEND PARTNERS TOPCO LP LMC ADVISO · Accounting / audit$25,000
EMPOWER ADVISORY GROUP, LLC · Investment management$5,449
RSC INSURANCE BROKERAGE INC DBA RIS · Investment advisory (plan)$1,713
AURORA INSURANCE SERVICES INCindirect comp

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

Administrative cost history3
2024$59,716 · 0.09%
2023$32,382 · 0.05%
2022$35,690 · 0.06%
Same employer
Similar plansReal Estate & Leasing · New York
Savills, Inc NY$80.6M · 0.08%
Dra Advisors LLC NY$77.2M · 0.16%
Tf Cornerstone Inc. NY$72.5M · 0.17%
Silverstein Properties, LLC NY$71.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111975833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.