Plan Snapshot
- Plan Sponsor: Global Trust Company
- Sponsor EIN: 474618533
- Sponsor Address: 12 GILL STREET, SUITE 2600, WOBURN, MA, 01801
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $447.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $447.0M | $0 | $0 |
| 2024 | 0 | $394.8M | $0 | $0 |
| 2023 | 0 | $1.7B | $0 | $0 |
| 2022 | 0 | $1.5B | $0 | $0 |
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 |
|---|---|---|---|---|
| WELLS CAPITAL MANAGEMENT | Investment Advisor | $427,698 | — | $427,698 |
| STERLING INVESTMENT MANAGEMENT | Investment Advisor | $366,221 | — | $366,221 |
| GLOBAL TRUST COMPANY | Custodian / Trustee | $225,499 | — | $225,499 |
| BANK OF NEW YORK MELLON | Custodian / Trustee | $141,387 | — | $141,387 |
| PRICE WATERHOUSE COOPERS | Auditor | $75,275 | — | $75,275 |
| NORTHEAST RETIREMENT SERVICES | Other Service Provider | $27,634 | — | $27,634 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,263,714
- Estimated Expense Ratio: 0.283% 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 |
|---|---|---|---|---|---|
| 2025 | $1,267,948 | $1,019,418 | — | $75,275 | — |
| 2024 | $2,504,532 | $2,153,834 | — | $75,500 | — |
| 2023 | $3,531,824 | $3,099,150 | — | $79,900 | — |
| 2022 | $3,236,168 | $2,825,417 | — | — | $329,231 |