401(k) · DOL Form 5500 · 2023

Globoforce, Inc. 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
481
Participants Below avg headcount
85th
Percentile by assets National rank
$95,846
Avg per participant Below avg balance/head
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Official DOL plan name: Globoforce, Inc. 401(k) Plan · Sponsored by Globoforce, Inc. · Massachusetts · Professional & Technical Services

$46M in assets, 481 participants

Globoforce, Inc.'s Globoforce, Inc. 401(k) Plan reported $46M in total assets and 481 participants in its 2023 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #17,423 in Professional & Technical Services (20,321 peers)

Where Globoforce, Inc. 401(k) Plan sits by assets

Globoforce, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $46M for 481 participants (~$95,846/participant), up 37.9% in 2023.

#17,423
in Professional & Technical Services (20,321 peers)
+37.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Globoforce, Inc. 401(k) Plan's outsized position by total assets

Globoforce, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$46,101,878 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Globoforce, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Globoforce, Inc. 401(k) Plan sits mid-pack in the medium band (481 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Globoforce, Inc. 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Globoforce, Inc. 401(k) Plan end-of-year assets rose from $33M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Globoforce, Inc. 401(k) Plan reported participants rose from 350 in the plan year 2022 filing to 481 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 208734194 · Globoforce, Inc. PY 2023 · 401(k)

Globoforce, Inc. 401(k) Plan · $46M · 481 · 85th

  • TYPE $46M
  • TYPE 481
  • TYPE 85th
  • TYPE 401(k)
  • TYPE near First State Bancshares, Inc. 401(k) Profit Sharing and Trust
  • TYPE ind #17423

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Massachusetts →

Globoforce, Inc. 401(k) Plan in the asset neighbourhood

Car-Freshner Corporation 401(k) Savings and Profit Sharing PlanCar-Freshner Corporation 401…$46MGloboforce, Inc. 401(k) Plan$46MFirst State Bancshares, Inc. 401(k) Profit Sharing and TrustFirst State Bancshares, Inc.…$46MSolomon Cordwell Buenz Employees' Profit Sharing and Savings Plan and TrustSolomon Cordwell Buenz Emplo…$46MHerbert, Rowland & Grubic, Inc. Profit Sharing and Savings PlanHerbert, Rowland & Grubic, I…$46M
End-of-year total assets ($M) among Globoforce, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$46M
Net Income$13M
Employer EIN208734194
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Globoforce, Inc.)

Sponsor-wide plan assets over time

All Globoforce, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 66.83487245700798% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $33.4M $55.8M ▲ +66.8%
Year Plans Participants Total Assets
2022 1 350 $33M
2023 1 481 $46M
2024 1 417 $56M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Globoforce, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Globoforce, Inc. 401(k) Plan, Total assets ($B): 0.046101878 · Participants: 481Globoforce, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Globoforce, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Globoforce, Inc. 401(k) Plan side-by-side with 3 peers →

Globoforce, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is First State Bancshares, Inc. 401(k) Profit Sharing and Trust in MO ($46M); by covered participants it is Apex Oil Company, Inc. Employee Savings Plan in MO (481 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (481 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Globoforce, Inc. 401(k) Plan assets move in 2023? ▼
Globoforce, Inc. 401(k) Plan surged - up 37.9% during 2023, from $33M to $46M. Reported net income was $13M.
How have Globoforce, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Globoforce, Inc.'s sponsor-wide assets grew 66.8%, from $33M to $56M.
Where does Globoforce, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Globoforce, Inc. 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Globoforce, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is First State Bancshares, Inc. 401(k) Profit Sharing and Trust in MO ($46M, 625 participants).
Which 401(k) plans cover a similar participant headcount to Globoforce, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Apex Oil Company, Inc. Employee Savings Plan in MO (481 participants, $51M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 208734194.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.