Plan Snapshot
- Plan Sponsor: Global Packaging, INC.
- Sponsor EIN: 232863392
- Sponsor Address: PO BOX 187, OAKS, PA, 194560187
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $46.2M
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. |
|---|---|---|---|---|
| 2024 | 342 | $46.2M | $2.4M | $2.2M |
| 2023 | 326 | $39.8M | $2.3M | $2.0M |
| 2022 | 310 | $33.8M | $1.9M | $1.8M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | $102,548 | — | $102,548 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $88,864 | — | $88,864 |
| KREISCHER MILLER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $191,412
- Estimated Expense Ratio: 0.414% 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 | $191,412 | $102,548 | $88,864 | — | — |
| 2023 | $87,626 | $12,574 | $62,478 | — | — |
| 2022 | $125,648 | $33,269 | $59,110 | — | $33,269 |