Plan Ledger DOL Form 5500 · updated monthly

Global Resources International Inc.401(k)

GLOBAL RESOURCES INTERNATIONAL 401(K) PLAN · FLOWERY BRANCH, GA · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Global Resources International Inc. reported $56,614 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $724 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 0.95% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,470th of 2,160), and 10,255th of 13,661 in manufacturing. In 2024, employees put in $3.91 for every $1.00 the employer contributed; active participation has grown from 175 to 232 since 2022.

Plan summary
Net assets, end of year$6,863,747
Participants with balances137
Active participants232
Employer contributions$168,022
Employee contributions$657,769
Employer contribution per active participant$724
Average account balance$50,100
Benefits paid to participants$478,102
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 137 accts · $168K emplr
2023$5.6M · 125 accts · $154K emplr
2022$4.1M · 108 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,585
Investment management$49,029
Total administrative$56,614
The Global Resources International Inc. 401(k) match · 2024
Employer contribution per active participant$724
Median for plans this size$1,313
2024$724 per active participant
2023$637 per active participant
2022$784 per active participant

Global Resources International Inc.'s 2024 employer contribution ran below 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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$7,585
FISHER ASSET MANAGEMENT, LLC · Investment advisory (plan)$37,946
MORGAN STANLEY GLOBAL · Investment advisory (plan)$11,083

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$56,614 · 0.91%
2023$56,105 · 1.15%
2022$43,759 · 0.95%
Similar plansManufacturing · Georgia
Denyse Signs, Inc. GA$7.0M · 0.82%
Cjb Chemical Corporation GA$6.9M · 0.39%
Die-Tech Industries, Inc. GA$6.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582554687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.