# Global Technical Systems 401(k) Plan
Source: https://planprovider.pro/companies/global-technical-systems-401k-plan

> Global Technical Systems's 401(k) plan: 190 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/charles-schwab-and-co-inc) — 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|—|—|

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