Plan Ledger DOL Form 5500 · updated monthly

Global Access, LLC401(k)

GLOBAL ACCESS, LLC 401(K) PROFIT SHARING PLAN · LEHI, UT · plan year 2022

Reported admin expense ratio · 2022
0.84%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Global Access, LLC reported $35,473 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,068 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Utah (687th of 848), and 1,884th of 2,677 in transportation & warehousing. In 2022, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,364,944
Participants with balances38
Active participants93
Employer contributions$99,283
Employee contributions$201,485
Employer contribution per active participant$1,068
Average account balance$88,551
Benefits paid to participants$1,292,788
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,958
Investment management$20,491
Total administrative$35,473
The Global Access, LLC 401(k) match · 2022
Employer contribution per active participant$1,068
Median for plans this size$1,114

Global Access, LLC's 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,473 · 0.84%
Similar plansTransportation & Warehousing · Utah
Utah Tank & Trailer, LLC UT$4.0M · 0.48%
D & a McRae, Inc. UT$3.9M · 1.05%
Brady Trucking Inc UT$3.4M · 0.75%
Alpha Transport, Inc. UT$3.1M · 0.99%
American Logistics, LLC UT$2.4M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161649848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.