Plan Ledger DOL Form 5500 · updated monthly

Marc Glassman, Inc.401(k)

MARC GLASSMAN, INC. 401(K) PLAN · CLEVELAND, OH · plan year 2025

Reported admin expense ratio · 2025
0.26%

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

Marc Glassman, Inc. reported $87,521 in plan administrative expenses for 2025: 0.26% of average plan assets, below the peer median. Employer contributions averaged $312 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 3 years on file its reported administrative ratio fell from 0.30% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other retail trade employers. By assets it is the 884th-largest of 3,295 plans among Ohio employers on file, and the 916th of 5,215 in retail trade. In 2025, employees put in $5.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,444,062
Participants with balances484
Active participants858
Employer contributions$267,333
Employee contributions$1,599,570
Employer contribution per active participant$312
Average account balance$71,165
Benefits paid to participants$3,825,177
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$34.4M · 484 accts · $267K emplr
2024$31.6M · 511 accts · $252K emplr
2023$30.4M · 541 accts · $227K emplr
2022$26.9M · 562 accts · $233K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$87,521
Total administrative$87,521
The Marc Glassman, Inc. 401(k) match · 2025
Employer contribution per active participant$312
Median for plans this size$2,666
2025$312 per active participant
2024$291 per active participant
2023$271 per active participant
2022$257 per active participant

Marc Glassman, Inc.'s 2025 employer contribution ran below the $2,666 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$62,358
HIGHLAND CONSULTING ASSOCIATES, INC · Consulting · Investment advisory (plan)$25,163

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

Administrative cost history4
2025$87,521 · 0.26%
2024$79,420 · 0.26%
2023$72,367 · 0.25%
2022$88,788 · 0.30%
Same employer
Similar plansRetail Trade · Ohio
United Dairy Farmers, Inc. OH$44.3M · 0.23%
Micro Electronics, Inc. OH$36.7M · 0.24%
St Henry Tile Co., Inc OH$34.3M · 0.12%
Ferno-Washington, Inc. OH$33.1M · 0.09%
Brunswick Auto Mart, Inc. OH$32.8M · 0.08%
Tire Discounters, Inc. OH$32.6M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341259106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.