Plan Ledger DOL Form 5500 · updated monthly

Globo Language Solutions, LLC401(k)

GLOBO 401(K) RETIREMENT PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Globo Language Solutions, LLC reported $16,169 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,480 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 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (3,045th of 3,651), and 10,214th of 11,654 in professional & technical services. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,880,593
Participants with balances120
Active participants159
Employer contributions$235,302
Employee contributions$480,987
Employer contribution per active participant$1,480
Average account balance$32,338
Benefits paid to participants$724,784
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,868
Investment management$10,301
Total administrative$16,169
The Globo Language Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,480
Median for plans this size$1,313

Globo Language Solutions, LLC's 2024 employer contribution ran above 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 · 20242
SUMMIT GROUP RETIREMENT PLANNERS · Investment advisory (plan)$10,158
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,868

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

Administrative cost history1
2024$16,169 · 0.42%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Elocal Holdings, LLC PA$4.2M · 0.30%
The Jay Group PA$4.1M · 0.06%
Biomeme, Inc. PA$4.0M · 0.22%
Snider Entities, LLC PA$3.9M · 0.51%
Cross X Platform, LLC PA$3.7M · 0.04%
J D Palatine PA$3.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272896376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.