Plan Ledger DOL Form 5500 · updated monthly

Glossier, Inc.401(k)

GLOSSIER 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Glossier, Inc. reported $72,545 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,674th of 5,648), and 2,730th of 5,215 in retail trade. active participation has grown from 177 to 413 since 2022.

Plan summary
Net assets, end of year$9,500,359
Participants with balances234
Active participants413
Employer contributions$0
Employee contributions$1,410,545
Employer contribution per active participant$0
Average account balance$40,600
Benefits paid to participants$1,216,426
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 234 accts
2023$7.8M · 231 accts · $6K emplr
2022$5.8M · 211 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,650
Investment management$22,895
Total administrative$72,545
The Glossier, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Glossier, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,649
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$20,679

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$72,545 · 0.84%
2023$52,618 · 0.78%
2022$53,031 · 0.86%
Same employer
Similar plansRetail Trade · New York
Parlux Holdings, Inc. NY$9.9M · 0.36%
Zabars & Co., Inc. NY$9.7M · 0.02%
Araca Merchandise L.P. NY$9.7M · 0.43%
Tom Ford Retail LLC NY$9.6M · 0.21%
Hill & Markes, LLC. NY$9.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455531990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.