Glacier Point Enterprise, Inc. 401(k) Review & Grade
Glacier Point Enterprises, Inc. 401(k) Profit Sharing Plan
Moorestown, NJWholesale Trade823 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$623Employer $ per active participant
$3,772Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$38.2MNet plan assets, end of year
$39,394Average balance per account
Score breakdown
- Employer generosity5.7 / 5011th percentile for employer $ per participant
- Low cost20.5 / 2582th percentile for low admin cost vs. same-size plans
- Employee saving5.3 / 1535th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 11th |
| Lower admin cost | 82th |
| Employee saving | 35th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Glacier Point Enterprise put in about $623 per active participant, below the typical peer ($1,792). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $512,539 |
| Participant (employee) contributions | $3,104,095 |
| Other contributions (incl. rollovers in) | $3,445,345 |
| Administrative expenses paid from the plan | $23,445 |
| Investment advisory & management fees | $4,025 |
| Benefits paid out | $3,405,845 |
| Net assets, start / end of year | $30.7M / $38.2M |
| Active participants, start / end of year | 774 / 872 |
| Participants with account balances | 970 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $19,420 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015121149NAL0002268323001, received 2025-10-15, EIN 87-2332996, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.