Global Communities 401(K) Profit Sharing Plan — Form 5500 plan (Global Communities)
Plain-English plan 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, Global Communities 401(K) Profit Sharing Plan is a benefit plan reported by Global Communities under EIN 52-0846183 and plan number 002. The latest loaded filing year is 2023. The filing reports 374 participants and $42,320,259 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Global Communities
- EIN
- 52-0846183
- Plan number
- 002
- Plan type
- 2
- Location
- Silver Spring, MD
- Latest filing year
- 2023
- Participants
- 374
- End-of-year plan assets
- $42,320,259
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 374 | H, C | 20241008151513NAL0009824915001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $42,320,259
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $42,320,259
- Net assets (BOY)
- $36,859,035
Income & contributions
- Employer contributions
- $2,240,011
- Participant contributions
- $1,556,437
- Total contributions
- $3,886,419
- Total income / additions
- $9,925,718
Expenses & distributions
- Benefits paid
- $4,347,742
- Administrative expenses
- $116,752
- Total expenses
- $4,464,494
- Net increase / (decrease)
- $5,461,224
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Commonwealth Equity Services LLC Db | INVESTMENT ADVISOR | $85,084 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $31,668 | $0 | 2023 |