Plan Ledger DOL Form 5500 · updated monthly

Global Partners LP401(k)

GLOBAL PARTNERS LP 401(K) SAVINGS AND PROFIT SHARING PLAN · WALTHAM, MA · plan year 2025

Reported admin expense ratio · 2025
0.01%

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

Global Partners LP reported $20,381 in plan administrative expenses for 2025: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,097 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 rose from 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other wholesale trade employers. By assets it is the 203rd-largest of 2,726 plans among Massachusetts employers on file, and the 184th of 4,246 in wholesale trade. In 2025, employees put in $2.78 for every $1.00 the employer contributed; active participation has grown from 3,847 to 4,869 since 2022.

Plan summary
Net assets, end of year$266,017,946
Participants with balances2,355
Active participants4,869
Employer contributions$5,339,444
Employee contributions$14,839,898
Employer contribution per active participant$1,097
Average account balance$112,959
Benefits paid to participants$26,800,523
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$266.0M · 2,355 accts · $5.3M emplr
2024$232.7M · 2,216 accts · $5.9M emplr
2023$195.2M · 2,009 accts · $4.8M emplr
2022$162.2M · 1,871 accts · $4.3M emplr
The Global Partners LP 401(k) match · 2025
Employer contribution per active participant$1,097
Median for plans this size$4,093
2025$1,097 per active participant
2024$1,155 per active participant
2023$1,041 per active participant
2022$1,118 per active participant

Global Partners LP's 2025 employer contribution ran below the $4,093 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$98,620
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 history4
2025$20,381 · 0.01%
2024$24,808 · 0.01%
2023$3,920 · 0.00%
2022Not separately reported
Similar plansWholesale Trade · Massachusetts
F.W. Webb Company MA$499.1M · 0.12%
Trimark Erf Holdings, LLC. MA$272.9M · 0.21%
Martignetti Companies, LLC MA$240.5M · 0.15%
L. Knife & Son, LLC MA$229.2M · 0.11%
L. Knife & Son, Inc. MA$225.1M · 0.12%
Rsa Security LLC MA$213.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141924242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.