Plan Snapshot
- Plan Sponsor: Global Merchants, INC.
- Sponsor EIN: 264799955
- Sponsor Address: 12 LUNAR DRIVE, WOODBRIDGE, CT, 06525
- Plan Type: 401(k)
- Total Participants: 5
- Total Assets: $1.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 5 | $1.3M | $36,301 | $39,762 |
| 2023 | 5 | $759,253 | $16,988 | $27,284 |
| 2022 | 4 | $2.3M | $16,946 | $24,641 |
| 2017 | 5 | $2.1M | $90,282 | $24,545 |
| 2016 | 3 | $1.7M | $66,878 | $2,208 |