Plan Ledger DOL Form 5500 · updated monthly

Global Wireless Solutions, Inc.401(k)

GLOBAL WIRELESS SOLUTIONS, INC. 401(K) PLAN · DULLES, VA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Global Wireless Solutions, Inc. reported $9,627 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,272 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 0.06% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,301st of 2,266), and 7,151st of 11,654 in professional & technical services. In 2024, employees put in $5.16 for every $1.00 the employer contributed; active participation has shrunk from 112 to 27 since 2022.

Plan summary
Net assets, end of year$12,804,276
Participants with balances87
Active participants27
Employer contributions$88,336
Employee contributions$455,802
Employer contribution per active participant$3,272
Average account balance$147,176
Benefits paid to participants$1,917,087
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 87 accts · $88K emplr
2023$12.6M · 113 accts · $156K emplr
2022$12.7M · 149 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,627
Total administrative$9,627
The Global Wireless Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$3,272
Median for plans this size$2,416
2024$3,272 per active participant
2023$2,829 per active participant
2022$1,947 per active participant

Global Wireless Solutions, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$9,627
TRUIST ADVISORY SERVICES, INC. · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$9,627 · 0.08%
2023$12,118 · 0.10%
2022$8,571 · 0.06%
Similar plansProfessional & Technical Services · Virginia
Edgesource Corporation VA$13.0M · 0.40%
Eagle Technologies, Inc. VA$12.8M · 0.50%
Raft LLC VA$12.8M · 0.17%
Prosourcing Partners LLC VA$12.8M · 0.13%
Devtech Systems, Inc. VA$12.8M · 0.22%
The Prospective Group Inc. VA$12.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541813528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.