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Plan Description
Global System Solutions, Inc. 401K Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. Global System Solutions, Inc. 401K Profit Sharing Plan currently has fewer than 100 active participants and over $2.8M in plan assets.
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2017 Plan is exempt from the general requirement under Title I of ERISA requiring an independent audit.Address
8303 Nw 8th Way
Location
Boca Raton
, FL
33487
Industry
All Other Professional, Scientific, and Technical Services
Administrator
Debra Wiedenfeld
Net Plan Assets
$2,840,000
Total Participants
13
Avg Account Balance
$220,000
Top Industry Articles
Client Service
Many Retirees Wish They Had Delayed Taking Social Security Benefits
MassMutual says a married couple that lives into their 90s but decides to begin their Social Security benefits at age 62 as opposed to age 70 could be leaving as much as half a million dollars on the table, or forfeiting $2,000 to $4,000 a month for life.
May 14, 2019
Compliance
Another Bill Proposed as Senate Committee Hearing Brings Calls for Retirement Action
Besides a lengthy Finance Committee hearing discussing the popular RESA legislation, the day on Capitol Hill also brought news of the introduction of the new Retirement Security and Savings Act.
May 14, 2019
Investing
Institutional Plans See Strong Q1 2019 Returns
U.S. equities were the driver of rebounds from the 4th quarter of 2018, according to the Northern Trust Universe and the Wilshire Trust Universe Comparison Service.
May 14, 2019
Compliance
RESA, RSSA, SECURE Act and More Pile Up in Congress
Sources say the SECURE Act could pass the House this month, potentially setting the stage for a reconciliation process that could bring together common elements of multiple pending bills.
May 15, 2019
Compliance
Excessive Fee Suit Filed Against Greystar Management
The lawsuit accuses the sponsor of a small 401(k) plan with failing to monitor and correct excessive fees.
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
