Plan Snapshot
- Plan Sponsor: Globe Life INC.
- Sponsor EIN: 630780404
- Sponsor Address: 3700 S. STONEBRIDGE DRIVE, MCKINNEY, TX, 75070
- Plan Type: 401(k)
- Total Participants: 2,816
- Total Assets: $258.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 2,816 | $258.5M | $5.3M | $14.3M |
| 2023 | 2,686 | $251.9M | $5.0M | $13.5M |
| 2022 | 2,592 | $241.7M | $4.6M | $12.6M |
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 |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — 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 | $365,649 | — | — | — | — |
| 2023 | $239,120 | $73,223 | — | — | — |
| 2022 | $228,284 | $72,416 | — | — | — |