Plan Ledger DOL Form 5500 · updated monthly

Global Infotek, Inc.401(k)

GLOBAL INFOTEK 401(K) PROFIT SHARING PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Global Infotek, Inc. reported $83,324 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $17,902 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 fell from 0.40% to 0.38%. 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 919th-largest of 2,266 plans among Virginia employers on file, and the 5,136th of 11,654 in professional & technical services. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves; active participation has shrunk from 104 to 64 since 2022.

Plan summary
Net assets, end of year$22,458,930
Participants with balances156
Active participants64
Employer contributions$1,145,713
Employee contributions$1,029,315
Employer contribution per active participant$17,902
Average account balance$143,968
Benefits paid to participants$4,831,843
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 156 accts · $1.1M emplr
2023$21.8M · 169 accts · $898K emplr
2022$16.6M · 161 accts · $281K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,317
Investment management$38,007
Total administrative$83,324
The Global Infotek, Inc. 401(k) match · 2024
Employer contribution per active participant$17,902
Median for plans this size$2,416
2024$17,902 per active participant
2023$8,981 per active participant
2022$2,704 per active participant

Global Infotek, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,317
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$33,490

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$83,324 · 0.38%
2023$72,347 · 0.38%
2022$75,637 · 0.40%
Similar plansProfessional & Technical Services · Virginia
Ght Limited VA$22.8M · 0.41%
Lynker Corporation VA$22.8M · 0.52%
Ici Services Corporation VA$22.7M · 0.29%
B4CORP VA$22.4M · 0.03%
Aptive Resources, LLC VA$22.2M · 0.66%
Avineon, Inc. VA$22.1M · 0.20%
Nathan Associates, Inc. VA$22.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541791856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.