Global Risk Consultants Corp.401(k)
GLOBAL RISK CONSULTANTS CORP. TAX DEFERRED SAVINGS PLAN · WAKEFIELD, MA · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Global Risk Consultants Corp. reported $47,342 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,226 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 1 year on file its reported administrative ratio rose from 0.04% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 783rd-largest of 2,726 plans among Massachusetts employers on file, and the 3,137th of 11,654 in professional & technical services. In 2023, employees put in $3.76 for every $1.00 the employer contributed; active participation has grown from 255 to 284 since 2022.
Global Risk Consultants Corp.'s 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 311762026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.