Plan Snapshot
- Plan Sponsor: Global Lending Services LLC
- Sponsor EIN: 900772739
- Sponsor Address: 1200 BROOKFIELD BLVD, SUITE #300, GREENVILLE, SC, 29607
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,333
- Total Assets: $33.5M
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. |
|---|---|---|---|---|
| 2025 | 1,333 | $33.5M | $0 | $0 |
| 2024 | 948 | $27.1M | $2.1M | $3.7M |
| 2023 | 929 | $21.0M | $2.1M | $3.4M |
| 2022 | 880 | $13.9M | $1.7M | $2.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $98,455 | — | $98,455 |
| COLTON GROOME FINANCIAL ADVISORS | Investment Advisor | $17,000 | — | $17,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $10,649 | — | $10,649 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,104
- Estimated Expense Ratio: 0.377% 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 | $4,714,283 | $27,649 | — | — | — |
| 2024 | $132,641 | $23,794 | — | — | — |
| 2023 | $105,709 | $21,154 | — | — | — |
| 2022 | $82,922 | $2,048 | — | — | — |