Plan Snapshot
- Plan Sponsor: Global Technical Systems
- Sponsor EIN: 541849930
- Sponsor Address: 421 SOUTH BIRDNECK ROAD, VIRGINIA BEACH, VA, 23451
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $10.9M
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 | 190 | $10.9M | $461,295 | $974,834 |
| 2023 | 171 | $8.7M | $378,838 | $821,435 |
| 2022 | 165 | $7.1M | $353,642 | $752,283 |
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 |
|---|---|---|---|---|
| CHARLES W. SNADER, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES W. SNADER, PC — 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 | $64,947 | $26,098 | $13,369 | — | — |
| 2023 | $32,470 | $4,308 | $28,162 | — | — |
| 2022 | $38,281 | — | $38,281 | — | — |