Plan Ledger DOL Form 5500 · updated monthly

Global Connections, Inc.401(k)

GLOBAL CONNECTIONS, INC. 401(K) SAVINGS PLAN · OVERLAND PARK, KS · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Global Connections, Inc. reported $8,146 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,636 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.

Across the 1 year on file its reported administrative ratio rose from 0.04% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kansas (464th of 828), and 7,646th of 11,654 in professional & technical services. In 2023, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,147,765
Participants with balances134
Active participants117
Employer contributions$191,398
Employee contributions$422,481
Employer contribution per active participant$1,636
Average account balance$83,192
Benefits paid to participants$1,407,876
Plan auditUnmodified (clean) audit opinion
AuditorMIZE CPAS INC.
Plan history2
Yearassets · accounts · employer contribution
2023$11.1M · 134 accts · $191K emplr
2022$10.5M · 157 accts · $185K emplr
The Global Connections, Inc. 401(k) match · 2023
Employer contribution per active participant$1,636
Median for plans this size$2,440
2023$1,636 per active participant
2022$1,741 per active participant

Global Connections, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$1,410
MARINER RETIREMENT ADVISORS LLCindirect comp
COMPENSATION BENEFIT PLANNING, INC. · Other servicesindirect comp
ERP ACTURARIES & CONSULTANTS INC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$8,146 · 0.08%
2022$4,826 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Kansas
Security 1ST Title, LLC KS$13.1M · 0.99%
Southlaw, P.C. KS$12.8M · 0.03%
Infosync Services, LLC KS$12.7M · 0.50%
High Touch Holdings, Inc. KS$11.6M · 0.43%
Global Connections, Inc. KS$10.9M · 0.06%
Rx Savings Solutions KS$10.9M · 0.24%
Slawson Companies, Inc. KS$10.1M · 0.21%
Kansas Legal Services Inc KS$10.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362739571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.