Global Technical Systems 401(K) Plan — Form 5500 plan (Global Technical Systems)

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 Technical Systems 401(K) Plan is a benefit plan reported by Global Technical Systems under EIN 54-1849930 and plan number 001. The latest loaded filing year is 2023. The filing reports 199 participants and $8,657,685 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Global Technical Systems
EIN
54-1849930
Plan number
001
Plan type
2
Location
Virginia Beach, VA
Latest filing year
2023
Participants
199
End-of-year plan assets
$8,657,685

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023199H, C20240806052039NAL0001927649001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,657,685
Total liabilities (EOY)
$0
Net assets (EOY)
$8,657,685
Net assets (BOY)
$7,058,443

Income & contributions

Employer contributions
$378,838
Participant contributions
$821,435
Total contributions
$1,215,491
Total income / additions
$2,753,384

Expenses & distributions

Benefits paid
$1,121,672
Administrative expenses
$32,470
Total expenses
$1,154,142
Net increase / (decrease)
$1,599,242

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$28,162$02023
MmlisBROKER/ADVISOR$0$17,4162023
Usi Advisors IncINVESTMENT ADVISOR$3,940not reported in the loaded dataset2023
Bdo Usa, LlpCONTRACT ADMIN$0$3,8272023
Empower Advisory Group, LLCINVESTMENT MANAGEMENT$368not reported in the loaded dataset2023

Related Form 5500 pages