# Global Maritek Systems, INC. 401(k) Plan
Source: https://planprovider.pro/companies/global-maritek-systems-inc-401k-plan-001

> Global Maritek Systems, INC.'s 401(k) plan: 142 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Global Maritek Systems, INC.

- **Sponsor EIN:** 364526480

- **Sponsor Address:** 6080 US 1 NORTH, ST. AUGUSTINE, FL, 32095

- **Plan Type:** 401(k)

- **Total Participants:** 142

- **Total Assets:** $10.7M

## 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|142|$10.7M|$364,466|$661,353|

| 2023|140|$9.2M|$383,238|$611,745|

| 2022|142|$7.8M|$241,895|$533,857|

## 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|

| PROVENANCE WEALTH ADVISORS LLC|RIA|$35,384|—|$35,384|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$27,135|—|$27,135|

| EMPOWER ADVISORY GROUP, LLC|INVESTMENT MGMT.|$5,907|—|$5,907|

| BENCHMARK RETIREMENT PLAN SERVICES|CONTRACT ADMIN|$5,006|—|$5,006|

| SNYDER COHN, PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SNYDER COHN, PC](https://planprovider.pro/provider/charles-schwab-and-co-inc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $73,432

- **Estimated Expense Ratio:** 0.683% 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|$51,649|—|$51,649|—|—|

| 2023|$60,860|—|$60,860|—|—|

| 2022|$63,932|—|$63,932|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/global-maritek-systems-inc-401k-plan-001)

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