Plan Snapshot
- Plan Sponsor: Global Information Systems, LLC
- Sponsor EIN: 454373758
- Sponsor Address: 2663 REGENCY ROAD, LEXINGTON, KY, 40503
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $8.3M
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 | 109 | $8.3M | $178,258 | $562,718 |
| 2023 | 95 | $7.3M | $173,676 | $534,388 |
| 2022 | 117 | $6.1M | $184,127 | $515,229 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $24,440 | — | $24,440 |
| LPL FINANCIAL CORPORATION | BROKER | — | $11,835 | $11,835 |
| OSAIC FS INC | BROKER | — | $11,267 | $11,267 |
| MONROE SHINE & CO., INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- LPL FINANCIAL CORPORATION — BROKER
- OSAIC FS INC — BROKER
- MONROE SHINE & CO., INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,542
- Estimated Expense Ratio: 0.573% 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 | $26,965 | $1,557 | $968 | — | — |
| 2023 | $26,433 | $1,332 | $1,190 | — | — |
| 2022 | $23,874 | $1,214 | $20,840 | — | $1,820 |