Retirement plan

GLOBEFLEX CAPITAL, L.P. 401(K) PROFIT SHARING PLAN

Name: GLOBEFLEX CAPITAL, L.P. - GLOBEFLEX CAPITAL, L.P. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: GLOBEFLEX CAPITAL, L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBEFLEX CAPITAL, L.P. 401(K) PROFIT SHARING PLAN, GLOBEFLEX CAPITAL, L.P.

GLOBEFLEX CAPITAL, L.P.EIN 33-0597629Plan #001PY 2024

4365 EXECUTIVE DRIVE, SUITE 720 - SAN DIEGO, CA 92121858-658-9060globeflex.comLinkedIn11-50 employeesinvestment management

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10.8M

+14.4% from 2023

Total participants

0.0% from 2023

Average account balance

$400,050

+18.7% from 2023

Annual return

8.56%

-3.45 pp from 2023

Benchmarks

See 7,159 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,159 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.74M

Not enough data

1 years with asset history on file

Average account balance

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

$472K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$551K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+12.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1628

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 codes2E2F2H2J2T3D3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$77K

$2868 / participant

Other / not subdivided$77K100.0%

% of EOY assets

0.717%

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

$400,050

$138,366+189.1%

$184,185+117.2%

$80,911+394.4%

Participation rate

96.3%

83.9%+12.4pp

86.8%+9.5pp

67.6%+28.6pp

Annual return

8.56%

20.02%-11.5pp

28.81%-20.3pp

35.63%-27.1pp

Employer contribution / active EE

$14,815

$4,849+205.5%

$6,426+130.6%

$2,756+437.6%

Participant deferral / active EE

$7,048

$7,074-0.4%

$9,132-22.8%

$4,297+64.0%

Admin fee / account holder

$2,868

$10,484-72.6%

$13,909-79.4%

$6,935-58.6%

GLOBEFLEX CAPITAL, L.P. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBEFLEX CAPITAL, L.P. 401(K) PROFIT SHARING 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