Plan Snapshot
- Plan Sponsor: Glasfloss Industries, INC.
- Sponsor EIN: 750942338
- Sponsor Address: 420 E. DANIELDALE ROAD, DESOTO, TX, 75115
- Plan Type: 401(k)
- Total Participants: 780
- Total Assets: $25.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 780 | $25.5M | $759,219 | $2.8M |
| 2023 | 799 | $23.3M | $850,057 | $2.3M |
| 2022 | 814 | $18.8M | $532,730 | $1.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $66,776 | — | $66,776 |
| GALLAGHER BENEFIT SERVICES INC | SERVICE PROVIDER | — | $22,917 | $22,917 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $9,913 | — | $9,913 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES INC — SERVICE PROVIDER
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,606
- Estimated Expense Ratio: 0.391% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $76,689 | $9,914 | $58,875 | — | — |
| 2023 | $53,293 | $7,093 | $38,750 | — | — |
| 2022 | $43,427 | — | — | — | — |