Plan Snapshot
- Plan Sponsor: Global Atlantic Financial Company
- Sponsor EIN: 900928452
- Sponsor Address: 30 HUDSON YARDS, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Total Participants: 1,624
- Total Assets: $337.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,624 | $337.1M | $15.4M | $24.2M |
| 2023 | 1,567 | $279.5M | $13.5M | $21.7M |
| 2022 | 1,356 | $214.8M | $11.4M | $18.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $109,997 | — | $109,997 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $97,379 | — | $97,379 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $207,376
- Estimated Expense Ratio: 0.062% 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 | $207,376 | $97,379 | — | — | — |
| 2023 | $185,564 | $92,808 | $900 | — | — |
| 2022 | $190,094 | $86,367 | — | — | — |