Global Information Systems, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Global Information Systems, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Global Information Systems, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Global Information Systems, LLC under EIN 45-4373758 and plan number 001. The latest loaded filing year is 2023. The filing reports 139 participants and $7,250,768 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.3MPlan net assets, end of year$7,250,768
Participants139Covered participants reported
Assets / participant$52.2KComputed: assets ÷ participants$52,164 (computed)
Provider compensation$46.6K4 Schedule C provider row(s)$46,583
Plan sponsor
Global Information Systems, LLC
EIN
45-4373758
Plan number
001
Plan type
2
Location
Lexington, KY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023139H, C20240729143120NAL0012608803001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.3M total assets
Net assets$7.3MLiabilities
Money in vs. money out
Total income / additions$1.7M
Total expenses$466K
Benefits paid / distributions$438.2K
Contributions
Employer$173.7K
Participant$534.4K
Full reported line items

Net assets

Total assets (EOY)
$7,250,768
Net assets (EOY)
$7,250,768
Net assets (BOY)
$6,059,605

Income & contributions

Employer contributions
$173,676
Participant contributions
$534,388
Total contributions
$708,064
Total income / additions
$1,657,137

Expenses & distributions

Benefits paid
$438,178
Administrative expenses
$26,433
Total expenses
$465,974
Net increase / (decrease)
$1,191,163
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 25%Participant 75%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORDKEEPER$23,911$02023
Lincoln Financial Securities CorporBROKER$0$19,8022023
Anew 401k Tpa LLCTPA$1,190$3482023
Mesirow Financial, Inc.INVESTMENT ADVISORY-PLAN$1,332$02023

Related Form 5500 pages