Plan Ledger DOL Form 5500 · updated monthly

Moderne Glass Co., Inc.401(k)

MODERNE GLASS CO. INC. 401(K) & PROFIT SHARING PLAN · ALIQUIPPA, PA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Moderne Glass Co., Inc. reported $40,581 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $392 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 1.14% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Pennsylvania (2,806th of 3,651), and 1,844th of 2,199 in information & media. In 2024, employees put in $4.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,591,095
Participants with balances186
Active participants153
Employer contributions$60,000
Employee contributions$253,550
Employer contribution per active participant$392
Average account balance$30,060
Benefits paid to participants$316,421
AuditorURISH POPECK & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 186 accts · $60K emplr
2023$5.1M · 241 accts · $60K emplr
2022$4.3M · 242 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,081
Audit (IQPA)$23,500
Total administrative$40,581
The Moderne Glass Co., Inc. 401(k) match · 2024
Employer contribution per active participant$392
Median for plans this size$1,313
2024$392 per active participant
2023$382 per active participant
2022$361 per active participant

Moderne Glass Co., Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$6,211
URISH POPECK & CO., LLC · Accounting / audit$14,500
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$10,870

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$40,581 · 0.76%
2023$44,807 · 0.95%
2022$53,751 · 1.14%
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Source: U.S. Department of Labor, Form 5500 series, EIN 251193044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.