Plan Snapshot
- Plan Sponsor: Global Payments INC.
- Sponsor EIN: 582567903
- Sponsor Address: 5995 WINDWARD PARKWAY, ALPHARETTA, GA, 30005
- Plan Type: 401(k)
- Total Participants: 13,174
- Total Assets: $2.3B
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 | 13,174 | $2.3B | $54.5M | $104.0M |
| 2023 | 13,572 | $2.1B | $53.9M | $100.2M |
| 2022 | 14,501 | $1.8B | $53.4M | $97.1M |
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 | $593,499 | — | $593,499 |
| NEPC, LLC | Investment Advisor | $170,582 | — | $170,582 |
| SMITH & HOWARD, PC | Auditor | $33,000 | — | $33,000 |
| WARREN AVERETT, LLC | Auditor | $17,500 | — | $17,500 |
| TRANSAMERICA CORPORATION | Recordkeeper | $12,490 | — | $12,490 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- NEPC, LLC — Investment Advisor
- WARREN AVERETT, LLC — Auditor
- TRANSAMERICA CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $827,071
- Estimated Expense Ratio: 0.035% 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 | $827,084 | $170,582 | $6,000 | $50,500 | — |
| 2023 | $715,246 | — | $9,000 | $35,000 | — |
| 2022 | $910,442 | — | — | — | — |