Plan Snapshot
- Plan Sponsor: Global Resources International INC.
- Sponsor EIN: 582554687
- Sponsor Address: 4142 INDUSTRY WAY, FLOWERY BRANCH, GA, 30542
- Plan Type: 401(k)
- Total Participants: 232
- Total Assets: $6.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 232 | $6.9M | $168,022 | $657,769 |
| 2023 | 242 | $5.6M | $154,155 | $612,598 |
| 2022 | 175 | $4.1M | $137,162 | $535,675 |
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 |
|---|---|---|---|---|
| FISHER ASSET MANAGEMENT, LLC | NONE | $37,946 | — | $37,946 |
| MORGAN STANLEY GLOBAL | NONE | $11,083 | — | $11,083 |
| ASCENSUS LLC | NONE | $7,585 | — | $7,585 |
| SMITH AND HOWARD | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,614
- Estimated Expense Ratio: 0.825% 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 | $56,614 | $49,029 | $7,585 | — | — |
| 2023 | $56,105 | $53,697 | $2,408 | — | — |
| 2022 | $43,759 | $42,567 | $1,192 | — | — |