Plan Snapshot
- Plan Sponsor: Global Data Systems, INC
- Sponsor EIN: 721113707
- Sponsor Address: 310 LASER LANE, LAFAYETTE, LA, 70507
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $5.6M
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 | 112 | $5.6M | $98,155 | $337,892 |
| 2023 | 115 | $5.1M | $105,867 | $342,869 |
| 2022 | 106 | $4.1M | $98,483 | $331,807 |
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 |
|---|---|---|---|---|
| DARNALL, SIKES & FREDERICK | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DARNALL, SIKES & FREDERICK — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $43,166 | $21,664 | $21,277 | — | — |
| 2023 | $36,318 | — | $36,318 | — | — |
| 2022 | $33,103 | — | — | — | $33,103 |