Plan Ledger DOL Form 5500 · updated monthly

Globe Union Group, Inc.401(k)

GLOBE UNION GROUP RETIREMENT & SAVINGS PLAN · WOODRIDGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Globe Union Group, Inc. reported $27,313 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,109 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 0.27% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,834th-largest of 3,702 plans among Illinois employers on file, and the 2,123rd of 4,246 in wholesale trade. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 105 to 133 since 2022.

Plan summary
Net assets, end of year$17,457,531
Participants with balances178
Active participants133
Employer contributions$413,504
Employee contributions$1,020,575
Employer contribution per active participant$3,109
Average account balance$98,076
Benefits paid to participants$1,467,255
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 178 accts · $414K emplr
2023$15.3M · 170 accts · $368K emplr
2022$12.1M · 161 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,813
Total administrative$27,313
The Globe Union Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,109
Median for plans this size$2,416
2024$3,109 per active participant
2023$3,117 per active participant
2022$3,261 per active participant

Globe Union Group, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,813
UBS FINANCIAL SERVICES INC · Consulting · Investment advisory (plan)$12,500

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$27,313 · 0.17%
2023$20,854 · 0.15%
2022$37,708 · 0.27%
Similar plansWholesale Trade · Illinois
Ca Fortune IL$17.7M · 0.27%
Safco Dental Supply LLC IL$17.6M · 0.43%
Sun Belle Inc. IL$17.5M · 0.05%
Carlin Group Holdco IL$17.4M · 0.25%
Alma Lasers Inc IL$17.0M · 0.22%
Forward Space LLC IL$16.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371428023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.