Plan Ledger DOL Form 5500 · updated monthly

Glotfelty Enterprises, Inc.401(k)

GLOTFELTY ENTERPRISES, INC. 401(K) PLAN · OAKLAND, MD · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Glotfelty Enterprises, Inc. reported $546 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,292 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maryland (1,396th of 1,671), and 4,206th of 5,215 in retail trade. In 2022, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,506,150
Participants with balances69
Active participants80
Employer contributions$103,374
Employee contributions$167,605
Employer contribution per active participant$1,292
Average account balance$50,814
Benefits paid to participants$275,469
Plan auditUnmodified (clean) audit opinion
AuditorTHE RODEHEAVER GROUP, P.C.
Administrative expenses, itemized · 2022
Professional / advisory$546
Total administrative$546
The Glotfelty Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$1,292
Median for plans this size$1,114

Glotfelty Enterprises, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$546 · 0.01%
Similar plansRetail Trade · Maryland
Alko Distributors, Inc. MD$4.0M · 0.02%
Esco, LTD. MD$3.2M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520814049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.