Plan Snapshot
- Plan Sponsor: Gglo, LLC 401(K) Profit Sharing Plan
- Sponsor EIN: 911319710
- Sponsor Address: 1301 5TH AVE, SEATTLE, WA, 98101
- Plan Type: 401(k)
- Total Participants: 62
- Total Assets: $30.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 62 | $30.3M | $0 | $665,334 |
| 2023 | 78 | $30.0M | $213,833 | $1.3M |
| 2022 | 122 | $25.5M | $563,440 | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MORGAN STANLEY | Investment Advisor | $22,500 | — | $22,500 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $8,161 | — | $8,161 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,661
- Estimated Expense Ratio: 0.101% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,336 | $8,161 | — | — | — |
| 2023 | $11,570 | $10,708 | — | — | — |
| 2022 | -$16,455 | $8,070 | — | — | — |