Plan Ledger DOL Form 5500 · updated monthly

Virginia Glass & Mirror Intermediary, LLC401(k)

VIRGINIA MIRROR & ASSOC. COMPANIES 401K PLAN · MARTINSVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Virginia Glass & Mirror Intermediary, LLC reported $22,422 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,090 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 has held roughly steady near 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Virginia (1,873rd of 2,266), and 11,418th of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,604,638
Participants with balances255
Active participants161
Employer contributions$175,459
Employee contributions$433,387
Employer contribution per active participant$1,090
Average account balance$18,057
Benefits paid to participants$851,754
Plan auditUnmodified (clean) audit opinion
AuditorBROWN,EDWARDS & COMPANY L.L.P
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 255 accts · $175K emplr
2023$4.4M · 191 accts · $166K emplr
2022$3.4M · 216 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,422
Total administrative$22,422
The Virginia Glass & Mirror Intermediary, LLC 401(k) match · 2024
Employer contribution per active participant$1,090
Median for plans this size$1,313
2024$1,090 per active participant
2023$883 per active participant
2022$930 per active participant

Virginia Glass & Mirror Intermediary, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
ASCENSUS LLC · Recordkeeping$22,422

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,422 · 0.50%
2023$20,563 · 0.53%
2022$18,236 · 0.52%
Same employer
Similar plansManufacturing · Virginia
Tidewater Fibre Corp. VA$5.0M · 0.36%
Dominion Packaging, Inc. VA$4.9M · 0.87%
Ngk-Locke, Inc. VA$4.7M · 0.33%
Focused Management, Inc. VA$4.7M · 0.60%
St Tissue, LLC VA$4.3M · 0.93%
Miller Oil Co., Inc. VA$4.1M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921253281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.