Plan Snapshot
- Plan Sponsor: Global Steering Systems, LLC
- Sponsor EIN: 800367626
- Sponsor Address: 156 PARK ROAD, WATERTOWN, CT, 06795
- Plan Type: 401(k)
- Total Participants: 242
- Total Assets: $9.0M
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 | 242 | $9.0M | $146,483 | $665,463 |
| 2023 | 313 | $9.7M | $258,801 | $848,493 |
| 2022 | 314 | $7.9M | $239,299 | $737,070 |
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 |
|---|---|---|---|---|
| WILLIAM VAUGHAN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIAM VAUGHAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $64,246 | — | $60,621 | — | — |
| 2023 | $51,913 | $28,321 | — | — | — |
| 2022 | $50,700 | $27,052 | $23,648 | — | — |