Marc Glassman, Inc. 401(k) Plan: Login, Facts & Contact Information

Marc Glassman, Inc. 401(k) Plan Facts

Plan name
MARC GLASSMAN, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MARC GLASSMAN, INC.
Participants
1,032 (865 active employees)
Former employees with a balance
88
Plan assets
$31,640,033 at Dec 31, 2024
Average account balance
$61,918 across 511 accounts
Employer contributions
$252,057 in plan year 2024 (14% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1992
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.83 million went into the plan in contributions, $252,057 of it from the employer (14%).
  • $4.46 million was paid out to participants.
  • Investment and other income added $3.89 million.
  • Administrative expenses were $79,420, about $155 per account.

How the Marc Glassman, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,104$24.4 million$222,812$880,374
20201,104$29.1 million$258,999$742,911
20211,128$32.9 million$258,819$2.53 million
20221,121$26.9 million$232,907$2.73 million
20231,038$30.4 million$227,205$2.56 million
20241,032$31.6 million$252,057$4.46 million

Marc Glassman, Inc. 401(k) Contact Information

Phone
216-265-7700
Mailing address
5841 WEST 130TH STREET, CLEVELAND OH 44130
Plan sponsor
MARC GLASSMAN, INC.
Employer identification number (EIN)
34-1259106
Plan number
001

Questions about the Marc Glassman, Inc. 401(k)

Does Marc Glassman, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $252,057, 14% of all contributions.

Does the Marc Glassman, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Marc Glassman, Inc 401(k) plan?

1,032 participants at the start of plan year 2024, 865 of them active employees, and 88 former employees who still had money in the plan.

What is the average 401(k) balance at Marc Glassman, Inc?

About $61,918 per account: $31.6 million in plan assets across 511 accounts with a balance at the end of plan year 2024.

Who manages the Marc Glassman, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Marc Glassman, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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