Plan Snapshot
- Plan Sponsor: Global Infotek, INC.
- Sponsor EIN: 541791856
- Sponsor Address: 1920 ASSOCIATION DR., SUITE 100, RESTON, VA, 20191
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 142
- Total Assets: $22.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 142 | $22.1M | $0 | $0 |
| 2024 | 64 | $22.5M | $1.1M | $1.0M |
| 2023 | 100 | $21.8M | $898,082 | $1.3M |
| 2022 | 104 | $16.6M | $281,243 | $1.2M |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS LLC | Investment Advisor | $33,524 | — | $33,524 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $10,113 | — | $10,113 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $6,346 | — | $6,346 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,983
- Estimated Expense Ratio: 0.226% 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 |
|---|---|---|---|---|---|
| 2025 | $5,011,885 | $39,870 | — | — | — |
| 2024 | $83,324 | $38,007 | — | — | — |
| 2023 | $72,347 | $33,040 | — | — | — |
| 2022 | $75,637 | $5,188 | — | — | — |