401k Record

Employers › Global Industrial

Global Industrial 401(k)

Recordkeeping fees per participant · Global Industrial Company 401(k) Plan · plan year 2024

$20.01

Higher than 18% of the 5,847 plans $50 to 250M that report it.

Source

= $41,415 / 2,070
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250930074415NAL0012942352001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930074415NAL0012942352001, received 2025-09-30

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-30.

Cost and contributions

Administrative expenses excluding investment management, per participant

$20.01

10th: $16.21median $93.2090th: $246.84

Higher than 12% of the 8,758 plans $50 to 250M that report it.

Source

= $41,415 / 2,070
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250930074415NAL0012942352001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930074415NAL0012942352001, received 2025-09-30

Administrative expenses per participant

$28.12

10th: $29.39median $132.8490th: $350.58

Higher than 10% of the 9,042 plans $50 to 250M that report it.

Source

= $58,215 / 2,070
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930074415NAL0012942352001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930074415NAL0012942352001, received 2025-09-30

Administrative expenses as a share of assets

0.053%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 21% of the 9,049 plans $50 to 250M that report it.

Source

= $58,215 / $110,087,718
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930074415NAL0012942352001, received 2025-09-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250930074415NAL0012942352001, received 2025-09-30

Employer contributions per participant

$948

10th: $965median $2,73890th: $8,164

Higher than 10% of the 9,105 plans $50 to 250M that report it.

Source

= $1,961,371 / 2,070
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930074415NAL0012942352001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930074415NAL0012942352001, received 2025-09-30

Employer share of total contributions

20.6%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 21% of the 9,112 plans $50 to 250M that report it.

Source

= $1,961,371 / $9,518,765
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930074415NAL0012942352001, received 2025-09-30
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250930074415NAL0012942352001, received 2025-09-30

Plan terms, as stated in Global Industrial Company's SEC filings

Plan terms are described in Global Industrial Company's SEC filings: Form 10-K filed 2026-02-27. No term could be quoted from them with the required precision.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250930074415NAL0012942352001, received 2025-09-30

Full record, Global Industrial Company 401(k) Plan

FieldValueSource
Plan sponsorGLOBAL INDUSTRIAL COMPANYForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250930074415NAL0012942352001, received 2025-09-30
Plan nameGLOBAL INDUSTRIAL COMPANY 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250930074415NAL0012942352001, received 2025-09-30
Sponsor EIN / plan number11-3262067 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250930074415NAL0012942352001, received 2025-09-30
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250930074415NAL0012942352001, received 2025-09-30
Sponsor locationPORT WASHINGTON, NYForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250930074415NAL0012942352001, received 2025-09-30
Industry (business code)454110, Retail tradeForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250930074415NAL0012942352001, received 2025-09-30
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250930074415NAL0012942352001, received 2025-09-30
Filing received2025-09-30Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250930074415NAL0012942352001, received 2025-09-30
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250930074415NAL0012942352001, received 2025-09-30
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250930074415NAL0012942352001, received 2025-09-30
Participants, beginning of year2,113Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250930074415NAL0012942352001, received 2025-09-30
Active participants1,239Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250930074415NAL0012942352001, received 2025-09-30
Participants, end of year2,189Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250930074415NAL0012942352001, received 2025-09-30
Participants with an account balance2,070Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930074415NAL0012942352001, received 2025-09-30
Total assets, beginning of year$95,236,937Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250930074415NAL0012942352001, received 2025-09-30
Total assets, end of year$110,087,718Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250930074415NAL0012942352001, received 2025-09-30
Net assets, end of year$110,087,718Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250930074415NAL0012942352001, received 2025-09-30
Total income$24,929,988Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250930074415NAL0012942352001, received 2025-09-30
Net income$14,850,781Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250930074415NAL0012942352001, received 2025-09-30
Employer contributions$1,961,371Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930074415NAL0012942352001, received 2025-09-30
Participant contributions$7,274,985Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250930074415NAL0012942352001, received 2025-09-30
Other contributions (incl. rollovers)$282,409Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250930074415NAL0012942352001, received 2025-09-30
Total contributions$9,518,765Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250930074415NAL0012942352001, received 2025-09-30
Benefit payments$9,927,442Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250930074415NAL0012942352001, received 2025-09-30
Total expenses (incl. benefit payments)$10,079,207Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250930074415NAL0012942352001, received 2025-09-30
Total administrative expenses$58,215Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930074415NAL0012942352001, received 2025-09-30
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250930074415NAL0012942352001, received 2025-09-30
Recordkeeping fees$41,415Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250930074415NAL0012942352001, received 2025-09-30
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250930074415NAL0012942352001, received 2025-09-30
Investment advisory and management fees$16,800Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250930074415NAL0012942352001, received 2025-09-30
Administrative expenses excluding investment management$41,415derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250930074415NAL0012942352001, received 2025-09-30
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250930074415NAL0012942352001, received 2025-09-30
Held in common/collective trusts$1,772,617Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250930074415NAL0012942352001, received 2025-09-30
Held in mutual funds$99,472,327Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250930074415NAL0012942352001, received 2025-09-30
Independent auditorCORNICK GARBER & SANDLERSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250930074415NAL0012942352001, received 2025-09-30

Position = column in the DOL layout for form year 2024. Filing 20250930074415NAL0012942352001, received 2025-09-30.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $41,415yes
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $16,800no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250930074415NAL0012942352001, received 2025-09-30.

What changed since the 2023 plan year

Figure20232024Change
Total assets$95,236,937$110,087,71815.6%
Participants with a balance1,9752,0704.8%
Administrative expenses$58,450$58,215-0.4%
Recordkeeping fees per participant$17.43$20.0114.8%
Employer contributions$1,799,754$1,961,3719.0%

Prior filing 20241010143055NAL0036132544001, received 2024-10-10; the plan years are contiguous.

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Sponsor name as filed: GLOBAL INDUSTRIAL COMPANY; SEC registrant: GLOBAL INDUSTRIAL Co (CIK 945114, matched by EIN; display name from the Form 10-K cover).