Plan Ledger DOL Form 5500 · updated monthly

Torn & Glasser, Inc.401(k)

TORN & GLASSER, INC. EMPLOYEES' 401K PLAN · POMONA, CA · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Torn & Glasser, Inc. reported $89,634 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,396 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 0.84% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,606th-largest of 9,483 plans among California employers on file, and 7,441st of 13,661 in manufacturing. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 298 to 328 since 2022.

Plan summary
Net assets, end of year$13,836,959
Participants with balances370
Active participants328
Employer contributions$785,843
Employee contributions$1,072,325
Employer contribution per active participant$2,396
Average account balance$37,397
Benefits paid to participants$712,382
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 370 accts · $786K emplr
2023$11.2M · 361 accts · $736K emplr
2022$8.8M · 358 accts · $444K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,123
Investment management$40,511
Total administrative$89,634
The Torn & Glasser, Inc. 401(k) match · 2024
Employer contribution per active participant$2,396
Median for plans this size$2,416
2024$2,396 per active participant
2023$2,413 per active participant
2022$1,490 per active participant

Torn & Glasser, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,123
NFP RETIREMENT INC · Investment advisory (plan)$40,000

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$89,634 · 0.72%
2023$80,899 · 0.81%
2022$78,552 · 0.84%
Same employer
Similar plansManufacturing · California
Den-Mat Holdings, LLC CA$13.9M · 0.27%
Natron Energy, Inc. CA$13.9M · 0.12%
Kruse Western Holdings, LLC CA$13.9M · 0.27%
Inhibrx, Inc. CA$13.8M · 0.13%
Heath Ceramics, LTD. CA$13.8M · 0.57%
Belkorp AG Holdings, Inc. CA$13.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952038611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.