Plan Ledger DOL Form 5500 · updated monthly

Global-E US Inc.401(k)

GLOBAL-E US INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Global-E US Inc. reported $5,000 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,255 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 0.06%. 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 New York (3,572nd of 5,648), and 7,907th of 11,654 in professional & technical services. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,294,039
Participants with balances234
Active participants185
Employer contributions$787,093
Employee contributions$1,664,586
Employer contribution per active participant$4,255
Average account balance$43,992
Benefits paid to participants$655,160
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.3M · 234 accts · $787K emplr
2023$6.9M · 216 accts · $705K emplr
The Global-E US Inc. 401(k) match · 2024
Employer contribution per active participant$4,255
Median for plans this size$1,313
2024$4,255 per active participant
2023$3,812 per active participant

Global-E US Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE BENEFIT PRACTICE · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect 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
2024$5,000 · 0.06%
2023$2,700 · 0.04%
Same employer
Similar plansProfessional & Technical Services · New York
Gettry Marcus CPA, P.C. NY$10.4M · 0.20%
M Moser Associates, LLC NY$10.2M · 0.60%
Jahnel Group, Inc. NY$10.2M · 0.46%
Cbx World Wide LLC NY$10.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611767260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.