Plan Ledger DOL Form 5500 · updated monthly

Joint Board of Trustees of Glaziers No. 181 & EmployersMoney purchase plan

THE CLEVELAND GLASS & GLAZING INDUSTRY DEFINED CONTRIB. PENSION · STRONGSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Joint Board of Trustees of Glaziers No. 181 & Employers reported $246,135 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,407 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 0.36% to 0.39%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 526th-largest of 3,295 plans among Ohio employers on file, and the 2,615th of 13,661 in manufacturing. active participation has grown from 399 to 721 since 2022.

Plan summary
Net assets, end of year$64,742,724
Participants with balances1,331
Active participants721
Employer contributions$3,177,144
Employee contributions—
Employer contribution per active participant$4,407
Average account balance$48,642
Benefits paid to participants$3,439,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.7M · 1,331 accts · $3.2M emplr
2023$61.9M · 1,256 accts · $2.9M emplr
2022$55.1M · 991 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,800
Investment management$115,538
Audit (IQPA)$16,600
Total administrative$246,135
Employer contributions to the Joint Board of Trustees of Glaziers No. 181 & Employers plan · 2024
Employer contribution per active participant$4,407
Median for plans this size$3,635
2024$4,407 per active participant
2023$4,177 per active participant
2022$6,931 per active participant

Joint Board of Trustees of Glaziers No. 181 & Employers's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
BOYD WATTERSON ASSET MANAGEMENT · Investment management$77,489
PAINTING INDUSTRY INSURANCE FUNDS · Plan administrator$48,000
WICKENS, HERZER, PANZA, COOKE · Legal$21,669
MARINER INSTITUTIONAL LLC · Accounting / audit$20,000
MARINER INSTITUTIONAL LLC · Investment management$20,000
KEYBANK NATIONAL ASSOCIATION · Investment management · Custodial (securities)$13,845

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$246,135 · 0.39%
2023$273,006 · 0.47%
2022$206,131 · 0.36%
Similar plansManufacturing · Ohio
Hbd Industries, Inc. OH$66.0M · 0.23%
Xtek Inc OH$65.7M
Inoac Exterior Systems, LLC OH$64.9M · 0.19%
National Machinery LLC OH$64.3M · 0.03%
Kth Parts Industries, Inc. OH$63.7M · 0.05%
Buckeye Corrugated, Inc. OH$63.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 346529860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.