Plan Ledger DOL Form 5500 · updated monthly

Glosten, Inc.401(k)

GLOSTEN, INC. PROFIT SHARING/401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Glosten, Inc. reported $36,132 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,974 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 0.07% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 341st-largest of 1,714 plans among Washington employers on file, and the 2,733rd of 11,654 in professional & technical services. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,717,911
Participants with balances174
Active participants122
Employer contributions$1,094,821
Employee contributions$1,387,766
Employer contribution per active participant$8,974
Average account balance$291,482
Benefits paid to participants$490,972
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.7M · 174 accts · $1.1M emplr
2023$41.9M · 162 accts · $1.3M emplr
2022$36.3M · 154 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,035
Investment management$29,097
Total administrative$36,132
The Glosten, Inc. 401(k) match · 2024
Employer contribution per active participant$8,974
Median for plans this size$2,416
2024$8,974 per active participant
2023$10,139 per active participant
2022$9,703 per active participant

Glosten, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
USI CONSULTING GROUP · Recordkeeping · Loan processing$7,036
USI ADVISORS, INC. · Investment advisory (participants) · Investment advisory (plan)$29,097
CHARLES SCHWAB & CO., INC. · Custodial · Custodial (securities)indirect comp
CHARLES SCHWAB BANK/TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$36,132 · 0.08%
2023$19,500 · 0.05%
2022$27,736 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Washington
Gray & Osborne, Inc. WA$53.7M · 0.29%
Mithun, Inc. WA$53.1M · 0.17%
Northwest Justice Project WA$52.7M · 0.02%
MG2 Corporation WA$50.3M · 0.40%
RH2 Engineering Inc. WA$49.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910839688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.