Plan Ledger DOL Form 5500 · updated monthly

Glow Networks, Inc.401(k)

GLOW NETWORKS 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
1.47%

Glow Networks, Inc. reported $54,773 in plan administrative expenses for 2024: 1.47% of average plan assets, higher than ~90% of peers. 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 fell from 1.60% to 1.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,339th of 5,688), and 10,215th of 11,654 in professional & technical services. active participation has shrunk from 124 to 85 since 2022.

Plan summary
Net assets, end of year$3,879,367
Participants with balances124
Active participants85
Employer contributions—
Employee contributions$195,904
Employer contribution per active participant—
Average account balance$31,285
Benefits paid to participants$299,662
Plan auditDisclaimer of opinion
AuditorCHUGH CPA'S , LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 124 accts
2023$3.6M · 132 accts
2022$3.3M · 164 accts · $6K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,380
Investment management$34,393
Total administrative$54,773
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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$54,773

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$54,773 · 1.47%
2023$53,075 · 1.55%
2022$64,998 · 1.60%
Similar plansProfessional & Technical Services · Texas
Tex-Air Parts, Inc. TX$4.1M · 0.50%
Nyati Services, Inc. TX$4.0M · 0.38%
Strategic Data Systems TX$3.9M · 0.57%
Coke Management Group TX$3.8M · 0.03%
Veryable, Inc. TX$3.8M · 1.08%
Datamark Incorporated TX$3.7M · 1.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510395994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.