Plan Ledger DOL Form 5500 · updated monthly

Global Composites Inc401(k)

GLOBAL COMPOSITES INC. 401(K) PLAN · ELKHART, IN · plan year 2022

Reported admin expense ratio · 2022
0.27%

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

Global Composites Inc reported $7,341 in plan administrative expenses for 2022: 0.27% of average plan assets, below the peer median. Employer contributions averaged $87 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 manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,357th of 1,562), and 12,545th of 13,661 in manufacturing. In 2022, employees put in $6.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,527,713
Participants with balances29
Active participants149
Employer contributions$12,922
Employee contributions$82,005
Employer contribution per active participant$87
Average account balance$87,163
Plan auditUnmodified (clean) audit opinion
AuditorKRUGGEL, LAWTON & CO., LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,341
Total administrative$7,341
The Global Composites Inc 401(k) match · 2022
Employer contribution per active participant$87
Median for plans this size$1,114

Global Composites Inc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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$7,341 · 0.27%
Similar plansManufacturing · Indiana
Theo Chocolate, Inc. IN$2.7M · 0.97%
Network Management Group, Inc. IN$2.7M · 0.01%
Marson International, LLC IN$2.7M · 0.25%
Barber Manufacturing Co., Inc. IN$2.7M · 1.17%
Metro Plastics Technologies, Inc. IN$2.5M · 0.06%
Amos-Hill Associates, Inc. IN$2.4M · 0.83%
Arrow Container LLC IN$2.4M · 0.23%
Saco Industries, Inc. IN$2.3M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351510531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.