Plan Ledger DOL Form 5500 · updated monthly

Global Security Consulting Group401(k)

GLOBAL SECURITY CONSULTING GROUP 401(K) PROFIT SHARING PLAN · GARDEN CITY, NY · plan year 2022

Reported admin expense ratio · 2022
0.21%

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

Global Security Consulting Group reported $2,487 in plan administrative expenses for 2022: 0.21% of average plan assets, below the peer median. Employer contributions averaged $78 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,285th of 5,648), and 11,171st of 11,654 in professional & technical services. In 2022, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,233,945
Participants with balances66
Active participants1,163
Employer contributions$90,222
Employee contributions$214,650
Employer contribution per active participant$78
Average account balance$18,696
Benefits paid to participants$38,418
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,487
Total administrative$2,487
The Global Security Consulting Group 401(k) match · 2022
Employer contribution per active participant$78
Median for plans this size$1,114

Global Security Consulting Group's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,487 · 0.21%
Similar plansProfessional & Technical Services · New York
M&C Mobile LLC NY$1.3M · 0.14%
Sakara Life, Inc. NY$1.1M · 0.71%
Asr International Corp NY$1.1M · 0.17%
Steven Dubner Landscaping NY$1.1M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204648154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.