Plan Ledger DOL Form 5500 · updated monthly

Global Data Systems, Inc401(k)

GLOBAL DATA SYSTEMS, INC PROFIT SHARING 401(K) PLAN · LAFAYETTE, LA · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Global Data Systems, Inc reported $43,166 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $876 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 2 years on file its reported administrative ratio rose from 0.74% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Louisiana (581st of 884), and 9,546th of 11,654 in professional & technical services. In 2024, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,623,346
Participants with balances140
Active participants112
Employer contributions$98,155
Employee contributions$337,892
Employer contribution per active participant$876
Average account balance$40,167
Benefits paid to participants$653,909
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL, SIKES & FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 140 accts · $98K emplr
2023$5.1M · 134 accts · $106K emplr
2022$4.1M · 134 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,502
Investment management$21,664
Total administrative$43,166
The Global Data Systems, Inc 401(k) match · 2024
Employer contribution per active participant$876
Median for plans this size$1,313
2024$876 per active participant
2023$921 per active participant
2022$929 per active participant

Global Data Systems, Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK · Recordkeeping$1,631

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,166 · 0.81%
2023$36,318 · 0.80%
2022$33,103 · 0.74%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Sparkhound, LLC LA$7.7M · 0.67%
U.S. Computer Corporation LA$6.1M · 0.13%
Comtec Consultants, Inc. LA$4.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721113707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.