Plan Snapshot
- Plan Sponsor: Global Growth Holdings, INC.
- Sponsor EIN: 561996384
- Sponsor Address: 3622 LYCKAN PKWY, DURHAM, NC, 27707
- Plan Type: 401(k)
- Total Participants: 735
- Total Assets: $22.3M
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 | 735 | $22.3M | $821 | $2.1M |
| 2023 | 891 | $20.8M | $418,078 | $3.5M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $97,045 | — | $97,045 |
| ALLIANT INSURANCE SERVICES, INC. | Recordkeeper | $71,994 | $10,669 | $82,663 |
| UBS FINANCIAL SERVICES INC | Recordkeeper | $63,798 | — | $63,798 |
| WILLIAMS OVERMAN PIERCE | Auditor | $48,925 | — | $48,925 |
| NELSON MULLINS | ERISA Attorney | $5,966 | — | $5,966 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — Recordkeeper
- WILLIAMS OVERMAN PIERCE — Auditor
- NELSON MULLINS — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $298,397
- Estimated Expense Ratio: 1.340% 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 | $287,727 | $287,727 | — | — | — |
| 2023 | $382,115 | $382,115 | — | — | — |