# Global Merchants, INC. 401(k) Plan
Source: https://planprovider.pro/companies/global-merchants-inc-401k-plan

> Global Merchants, INC.'s 401(k) plan: 5 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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