Plan Ledger DOL Form 5500 · updated monthly

Global Information Systems, LLC401(k)

GLOBAL INFORMATION SYSTEMS, LLC 401(K) PROFIT SHARING PLAN · LEXINGTON, KY · 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 Information Systems, LLC reported $26,965 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,635 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 0.35%. 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 Kentucky (527th of 871), and 8,574th of 11,654 in professional & technical services. In 2024, employees put in $3.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,291,743
Participants with balances131
Active participants109
Employer contributions$178,258
Employee contributions$562,718
Employer contribution per active participant$1,635
Average account balance$63,296
Benefits paid to participants$596,081
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SHINE & CO., INC.
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 131 accts · $178K emplr
2023$7.3M · 119 accts · $174K emplr
2022$6.1M · 117 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,408
Investment management$1,557
Total administrative$26,965
The Global Information Systems, LLC 401(k) match · 2024
Employer contribution per active participant$1,635
Median for plans this size$1,313
2024$1,635 per active participant
2023$1,828 per active participant
2022$1,574 per active participant

Global Information Systems, LLC's 2024 employer contribution ran above 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$24,440
ANEW 401K TPA LLC · Recordkeeping · Loan processing$968
MESIROW FINANCIAL, INC. · Investment advisory (plan)$1,557
OSAIC FS INC · Insurance broker · Insurance servicesindirect comp
LPL FINANCIAL CORPORATION · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024ANEW 401K TPA LLC, Transamerica
2023ANEW 401K TPA LLC, Transamerica

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

Administrative cost history3
2024$26,965 · 0.35%
2023$26,433 · 0.40%
2022$23,874 · 0.37%
Same employer
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Lloyd & McDaniel PLLC KY$9.6M · 0.85%
Ovare Group Inc. KY$9.1M · 0.67%
Netgain Technologies, LLC KY$8.6M · 0.74%
Current HR KY$8.1M · 1.31%
The Beverage Market, LLC KY$6.7M · 0.15%
Coolsoft LLC KY$6.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454373758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.