Retirement plan

GLOBAL LINK DISTRIBUTION, CORP. 401(K) PLAN

Name: GLOBAL LINK DISTRIBUTION, CORP. - GLOBAL LINK DISTRIBUTION, CORP. 401(K) PLAN (2023) Form 5500
Creator: GLOBAL LINK DISTRIBUTION, CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBAL LINK DISTRIBUTION, CORP. 401(K) PLAN, GLOBAL LINK DISTRIBUTION, CORP.

GLOBAL LINK DISTRIBUTION, CORP.EIN 20-8355080Plan #001PY 2023

700 PATRICIA COURT - ELKHART, IN 46514888-400-2872gld1.comLinkedIn1-10 employeesimport and export

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+28.1% from 2022

Total participants

+13.8% from 2022

Average account balance

$33,104

-41.8% from 2022

Annual return

21.55%

+43.00 pp from 2022

Benchmarks

See 9,213 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,213 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.77M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$73K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

64.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$390K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.77%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$4524

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2T2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$271K

$4596 / participant

Other / not subdivided$271K100.0%

% of EOY assets

12.411%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,104

$91,525-63.8%

$130,026-74.5%

$75,181-56.0%

Participation rate

100.0%

71.4%+28.6pp

78.5%+21.5pp

67.2%+32.8pp

Annual return

21.55%

-631.40%+652.9pp

-137.26%+158.8pp

160.69%-139.1pp

Employer contribution / active EE

$1,709

$2,844-39.9%

$4,321-60.5%

$2,671-36.0%

Participant deferral / active EE

$4,581

$4,342+5.5%

$5,821-21.3%

$4,126+11.0%

Admin fee / account holder

$4,109

$6,778-39.4%

$10,608-61.3%

$5,650-27.3%

GLOBAL LINK DISTRIBUTION, CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBAL LINK DISTRIBUTION, CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion