Plan Snapshot
- Plan Sponsor: Global Benefits Group INC.
- Sponsor EIN: 203842750
- Sponsor Address: 27051 TOWNE CENTRE DR., FOOTHILL RANCH, CA, 92610
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $88,341
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 | 0 | $88,341 | $241,201 | $249,082 |
| 2023 | 204 | $14.3M | $946,613 | $1.1M |
| 2022 | 209 | $10.9M | $980,289 | $1.1M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS, LLC | Investment Advisor | $81,924 | — | $81,924 |
| STANCORP FINANCIAL GROUP | Recordkeeper | $59,312 | — | $59,312 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS, LLC — Investment Advisor
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,236
- Estimated Expense Ratio: 159.876% 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 | $106,076 | $45,916 | $60,160 | — | — |
| 2023 | $70,618 | $40,962 | $29,656 | — | — |
| 2022 | $67,223 | — | $67,223 | — | — |