2023 Form 5500 filing — Global Industries, Inc. 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015181029NAL0029343633001) for Global Industries, Inc. 401(K) Savings Plan, reported by Global Industries, Inc. under EIN 52-0953534 and plan number 004. It reports 439 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015181029NAL0029343633001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Global Industries, Inc.
- EIN
- 52-0953534
- Plan number
- 004
- Location
- Marlton, NJ
- Participants
- 439
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,330,627
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,330,627
- Employer contributions
- $713,911
- Participant contributions
- $2,636,829
- Total income / additions
- $10,187,712
- Benefits paid
- $3,289,092
- Administrative expenses
- $70,703
- Total expenses
- $3,384,277
- Net increase / (decrease)
- $6,803,435
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $45,939 | $0 |
| Global Retirement Partners | INVESTMENT/FINANCIAL ADVI | $24,763 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |