Plan Ledger DOL Form 5500 · updated monthly

Global Health Labs LLC401(k)

GLOBAL HEALTH LABS LLC RETIREMENT PLAN · KIRKLAND, WA · plan year 2024

Employer contribution per participant · 2024
$20,323

Global Health Labs LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $24,464,406 across 132 participant accounts, with employer contributions averaging $20,323 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.001%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 607th-largest of 1,714 plans among Washington employers on file, and the 4,833rd of 11,654 in professional & technical services. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$24,464,406
Participants with balances132
Active participants100
Employer contributions$2,032,346
Employee contributions$1,970,962
Employer contribution per active participant$20,323
Average account balance$185,336
Benefits paid to participants$1,488,952
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.5M · 132 accts · $2.0M emplr
2023$18.5M · 135 accts · $2.0M emplr
2022$10.4M · 130 accts · $1.8M emplr
The Global Health Labs LLC 401(k) match · 2024
Employer contribution per active participant$20,323
Median for plans this size$2,416
2024$20,323 per active participant
2023$19,843 per active participant
2022$16,813 per active participant

Global Health Labs LLC's 2024 employer contribution ran above the $2,416 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$168 · 0.00%
2022$108 · 0.00%
Similar plansProfessional & Technical Services · Washington
Affirma, LLC WA$25.3M · 0.02%
Sage Bionetworks WA$25.1M · 0.02%
Spur Reply, LLC WA$24.1M · 0.27%
Keywords US Holdings, Inc. WA$23.6M · 0.71%
Skytap, Inc. WA$23.6M · 0.39%
3MD, Inc. WA$23.5M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851294627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.