Plan Ledger DOL Form 5500 · updated monthly

Global Impact401(k)

GLOBAL IMPACT 401(K) PROFIT SHARING PLAN & TRUST · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Global Impact reported $48,210 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $4,178 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 3 years on file its reported administrative ratio has held roughly steady near 0.350%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,151st of 2,266), and the 1,245th of 3,341 in other services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 81 to 234 since 2022.

Plan summary
Net assets, end of year$15,838,623
Participants with balances230
Active participants234
Employer contributions$977,632
Employee contributions$1,413,652
Employer contribution per active participant$4,178
Average account balance$68,864
Benefits paid to participants$916,402
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 230 accts · $978K emplr
2023$11.7M · 196 accts · $563K emplr
2022$8.4M · 126 accts · $109K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,908
Investment management$33,302
Total administrative$48,210
The Global Impact 401(k) match · 2024
Employer contribution per active participant$4,178
Median for plans this size$2,416
2024$4,178 per active participant
2023$4,400 per active participant
2022$1,340 per active participant

Global Impact'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.

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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$33,302
COASTAL PENSION SERVICES · Contract administrator$85

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

Administrative cost history3
2024$48,210 · 0.35%
2023$32,341 · 0.32%
2022$33,102 · 0.35%
Similar plansOther Services · Virginia
Moore & Giles VA$18.2M · 0.47%
Patient Advocate Foundation VA$14.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521273585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.