Plan Snapshot
- Plan Sponsor: Glock, INC.
- Sponsor EIN: 581652822
- Sponsor Address: 6000 HIGHLANDS PARKWAY, SMYRNA, GA, 30082
- Plan Type: 401(k)
- Total Participants: 637
- Total Assets: $23.4M
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 | 637 | $23.4M | $617,770 | $1.9M |
| 2023 | 671 | $20.2M | $586,613 | $1.7M |
| 2022 | 662 | $17.3M | $535,284 | $1.7M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | INVESTMENT ADVISOR | $35,200 | — | $35,200 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | KEY SERVICE PROVIDER | $8,751 | — | $8,751 |
| BENNETT THRASHER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — INVESTMENT ADVISOR
- JOHN HANCOCK LIFE INSURANCE COMPANY — KEY SERVICE PROVIDER
- BENNETT THRASHER, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,951
- Estimated Expense Ratio: 0.188% 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 |
|---|---|---|---|---|---|
| 2024 | $106,333 | $35,200 | $71,133 | — | — |
| 2023 | $84,567 | $28,835 | $55,732 | — | — |
| 2022 | $89,496 | $30,870 | $51,501 | — | $7,125 |