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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
Data & Research
Many Retirees Spending More Than They Expected
However, retirees spend 32% less than non-retirees.
December 4, 2018
exclusives
Progressive Plan Design Features Have Moved Down-Market
These are streamlining plan administration, increasing investment diversification and improving participant outcomes.
December 7, 2018
exclusives
ERISA Litigators Reflect on Lessons Learned in 2018
Lessons learned from district and appellate court decisions filed this year can help plan sponsor clients better protect their plans and fiduciary staff; 2018 also brought new trends in regulatory audits and investigations of advisers.
December 10, 2018
exclusives
Consider All Individual Circumstances Before Suggesting 4% Retirement Income Withdrawal
An individual's investment allocation is a big factor to consider when deciding a proper optimal withdrawal rate of savings in retirement, but there are many other factors to consider as well.
December 11, 2018
Compliance
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The complaint suggests MetLife is failing to meet its obligations to ensure different annuity options offered to pension plan participants are actuarially equivalent default benefit, as required under ERISA.
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