Retirement plan

GLOBAL MECHANICAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

Name: GLOBAL MECHANICAL, INC. - GLOBAL MECHANICAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT (2025) Form 5500
Creator: GLOBAL MECHANICAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBAL MECHANICAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT, GLOBAL MECHANICAL, INC.

GLOBAL MECHANICAL, INC.EIN 23-2705638Plan #001PY 2025

225 SCARLETT ROAD - KENNETT SQUARE, PA 19348610-444-2100

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$8M

+8.8% from 2024

Total participants

+7.1% from 2024

Average account balance

$286,667

-14.5% from 2024

Annual return

12.38%

-5.18 pp from 2024

Benchmarks

See 37,822 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,822 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.03M

Not enough data

1 years with asset history on file

Average account balance

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

$287K

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.

164.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$124K

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

+12.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15631

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 codes2E2F2G2J2T3D

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$438K

$25746 / participant

Other / not subdivided$438K100.0%

% of EOY assets

5.453%

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

$286,667

$114,119+151.2%

$107,187+167.4%

$138,895+106.4%

Participation rate

88.2%

78.1%+10.2pp

75.0%+13.2pp

79.9%+8.3pp

Annual return

12.38%

273.21%-260.8pp

204.55%-192.2pp

145.39%-133.0pp

Employer contribution / active EE

$4,059-100.0%

$3,782-100.0%

$4,194-100.0%

Participant deferral / active EE

$7,322

$5,538+32.2%

$5,096+43.7%

$6,396+14.5%

Admin fee / account holder

$15,631

$10,024+55.9%

$9,162+70.6%

$12,562+24.4%

GLOBAL MECHANICAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBAL MECHANICAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

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