Global Growth Holdings, Inc. Profit Sharing Plan And Trust — Form 5500 plan (Global Growth Holdings, Inc.)
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 Growth Holdings, Inc. Profit Sharing Plan And Trust is a benefit plan reported by Global Growth Holdings, Inc. under EIN 56-1996384 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,585 participants and $20,759,628 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Global Growth Holdings, Inc.
- EIN
- 56-1996384
- Plan number
- 001
- Plan type
- 2
- Location
- Durham, NC
- Latest filing year
- 2023
- Participants
- 1,585
- End-of-year plan assets
- $20,759,628
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,585 | H, C | 20241107162236NAL0015790912001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,759,628
- Total liabilities (EOY)
- $4,364
- Net assets (EOY)
- $20,755,264
- Net assets (BOY)
- $30,465,955
Income & contributions
- Employer contributions
- $418,078
- Participant contributions
- $3,451,723
- Total contributions
- $4,336,233
- Total income / additions
- $9,667,427
Expenses & distributions
- Benefits paid
- $7,786,177
- Administrative expenses
- $382,115
- Total expenses
- $8,168,292
- Net increase / (decrease)
- $1,499,135
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alliant Insurance Services, Inc. | CONTRACT ADMINISTRATOR | $159,109 | $14,440 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $131,632 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $91,372 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Global Growth Holdings, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Durham, NC
- Alliant Insurance Services, Inc. — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation