Plan Ledger DOL Form 5500 · updated monthly

Global Resource Solutions Inc.401(k)

GLOBAL RESOURCE SOLUTIONS INC. 401K PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Global Resource Solutions Inc. reported $11,196 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,295 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 0.05% to 0.13%. 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 Virginia (1,513th of 2,266), and 8,245th of 11,654 in professional & technical services. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has grown from 114 to 159 since 2022.

Plan summary
Net assets, end of year$9,235,503
Participants with balances229
Active participants159
Employer contributions$682,898
Employee contributions$556,093
Employer contribution per active participant$4,295
Average account balance$40,330
Benefits paid to participants$1,120,003
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 229 accts · $683K emplr
2023$7.9M · 205 accts · $533K emplr
2022$6.6M · 219 accts · $591K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,835
Audit (IQPA)$7,361
Total administrative$11,196
The Global Resource Solutions Inc. 401(k) match · 2024
Employer contribution per active participant$4,295
Median for plans this size$1,313
2024$4,295 per active participant
2023$4,133 per active participant
2022$5,181 per active participant

Global Resource Solutions Inc.'s 2024 employer contribution ran above the $1,313 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
PRICEKUBECKA PLLC · Recordkeeping$7,361
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$5,035
GLOBAL RETIREMENT PARTNERS · Consultingindirect 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
2024OneAmerica, PRICEKUBECKA PLLC
2023OneAmerica, PRICEKUBECKA PLLC

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

Administrative cost history3
2024$11,196 · 0.13%
2023$11,841 · 0.16%
2022$3,519 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Virginia
The Kenific Group Inc. VA$9.3M · 1.03%
Id.Me, Inc. VA$9.3M · 0.47%
Electrosoft Services Inc. VA$9.3M · 0.01%
Blue Force, Inc. VA$9.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264444801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.