Plan Ledger DOL Form 5500 · updated monthly

Jas. W. Glover Holding Company, LTD.401(k)

JAS. W. GLOVER HOLDING COMPANY, LTD. PROFIT SHARING AND 401(K) PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Jas. W. Glover Holding Company, LTD. reported $30,381 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,508 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 fell from 0.10% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 68th-largest of 269 plans among Hawaii employers on file, and the 1,309th of 5,337 in construction. In 2024, the employer put in $2.57 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$37,338,354
Participants with balances246
Active participants154
Employer contributions$2,080,204
Employee contributions$809,531
Employer contribution per active participant$13,508
Average account balance$151,782
Benefits paid to participants$2,278,346
Plan auditUnmodified (clean) audit opinion
AuditorKKDLY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 246 accts · $2.1M emplr
2023$31.6M · 240 accts · $1.9M emplr
2022$24.8M · 242 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,381
Total administrative$30,381
The Jas. W. Glover Holding Company, LTD. 401(k) match · 2024
Employer contribution per active participant$13,508
Median for plans this size$2,416
2024$13,508 per active participant
2023$12,225 per active participant
2022$9,729 per active participant

Jas. W. Glover Holding Company, LTD.'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 · 20241

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$30,381 · 0.09%
2023$27,165 · 0.10%
2022$27,525 · 0.10%
Same employer
Similar plansConstruction · Hawaii
Nan, Inc. HI$45.0M · 0.29%
Alexander & Baldwin, Inc. HI$28.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990064027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.