Plan Ledger DOL Form 5500 · updated monthly

Global Linking Solutions, Inc.401(k)

GLS ADMINISTRATIVE SERVICES LLC 401(K) PLAN · CHARLOTTE, NC · plan year 2021

Reported admin expense ratio · 2021
0.12%

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

Global Linking Solutions, Inc. reported $6,619 in plan administrative expenses for 2021: 0.12% of average plan assets, below the peer median. Employer contributions averaged $988 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 4 years on file its reported administrative ratio fell from 0.29% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in North Carolina (1,368th of 2,005), and 1,797th of 2,199 in information & media. In 2021, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 141 to 159 since 2018.

Plan summary
Net assets, end of year$6,139,603
Participants with balances50
Active participants159
Employer contributions$157,029
Employee contributions$262,139
Employer contribution per active participant$988
Average account balance$122,792
Benefits paid to participants$4,728
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2022$4.9M · 52 accts · $169K emplr
2021$6.1M · 50 accts · $157K emplr
2020$4.9M · 43 accts · $157K emplr
2019$4.2M · 39 accts · $120K emplr
2018$3.2M · 46 accts · $120K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$6,619
Total administrative$6,619
The Global Linking Solutions, Inc. 401(k) match · 2021
Employer contribution per active participant$988
Median for plans this size$994
2022$1,090 per active participant
2021$988 per active participant
2020$916 per active participant
2019$805 per active participant
2018$853 per active participant

Global Linking Solutions, Inc.'s 2021 employer contribution ran below the $994 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history5
2022$10,202 · 0.18%
2021$6,619 · 0.12%
2020$5,828 · 0.13%
2019$5,335 · 0.15%
2018$9,052 · 0.29%
Similar plansInformation & Media · North Carolina
Lulu Press, Inc. NC$10.5M · 0.57%
Caring LLC NC$9.3M · 0.61%
Fm Systems Group, LLC NC$9.0M · 0.06%
Gdc America, Inc. NC$8.8M · 0.11%
Terra Dotta, LLC NC$5.6M · 0.08%
Jupiterone, Inc. NC$5.3M · 0.58%
Real Magic, Inc. NC$5.1M · 0.09%
Data Tech Systems, LLC NC$4.8M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943381245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.