401(k) · DOL Form 5500 · 2024

Global Merchants, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
5
Participants Small participant base
25th
Percentile by assets National rank
$253,932
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Global Merchants, Inc. 401(k) Plan · Sponsored by Global Merchants, Inc. · Connecticut · Retail Trade

$1M in assets, 5 participants

Global Merchants, Inc.'s Global Merchants, Inc. 401(k) Plan reported $1M in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #3,030 in Retail Trade (8,048 peers)

Global Merchants, Inc. multi-year trail

Global Merchants, Inc.'s plans moved -79.4% in assets from 2022 to 2024; this filing shows Global Merchants, Inc. 401(k) Plan at $1M / 5 participants.

#3,030
in Retail Trade (8,048 peers)
+67.2%
assets growth YoY

Global Merchants, Inc. 401(k) Plan among the smaller filed plans by assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,269,659 25th percentile higher than 25% of 123,620 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 2024

Global Merchants, Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Global Merchants, Inc. 401(k) Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Global Merchants, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2023 filing to $510K in the plan year 2024 filing.
  • Global Merchants, Inc. 401(k) Plan end-of-year assets rose from $759K in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 264799955 · Global Merchants, Inc. PY 2024 · 401(k)

Global Merchants, Inc. 401(k) Plan · $1M · 5 · 25th

  • EIN $1M
  • RANK 5
  • PHOTO 25th
  • IND 401(k)
  • EOY near Peter Scerbo Dmd PA 401(k) Profit Sharing Plan
  • 5500 ind #3030

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 Retail Trade retirement plans → · Plans in Connecticut →

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

Global Merchants, Inc. 401(k) PlanGlobal Merchants, Inc. 401(k…$1MPeter Scerbo Dmd PA 401(k) Profit Sharing PlanPeter Scerbo Dmd PA 401(k) P…$1MGansevoort Hotel Group LLC 401(k) Profit Sharing Plan & TrustGansevoort Hotel Group LLC 4…$1MUniversal Fidelity Life Insurance Company 401(k) PlanUniversal Fidelity Life Insu…$1MThompson Insurance Agency, Inc. Profit-Sharing PlaThompson Insurance Agency, I…$1M
End-of-year total assets ($M) among Global Merchants, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Global Merchants, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Global Merchants, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 79.44938034570895% vs 2022
2024 filing year
$0M$2M$4M$6M$8M 202220232024 $6.18M $1.27M ▼ -79.4%
Year Plans Participants Total Assets
2022 3 14 $6M
2023 1 5 $759K
2024 1 5 $1M

Global Merchants, Inc. filing trail (2024)

Total Assets (Beginning of Year)$759K
Net Assets (End of Year)$1M
Net Income$510K
Employer EIN264799955
Plan Effective Date2008-04-16
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

Global Merchants, Inc. 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Global Merchants, Inc. 401(k) Plan, Total assets ($B): 0.001269659 · Participants: 5Global Merchants, Inc. 401(k) PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Global Merchants, Inc. 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Global Merchants, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is Peter Scerbo Dmd PA 401(k) Profit Sharing Plan in FL ($1M); by covered participants it is Nasr Psychiatric Services 401(k) Plan in IN (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Global Merchants, Inc. 401(k) Plan assets move in 2024? ▼
Global Merchants, Inc. 401(k) Plan surged - up 67.2% during 2024, from $759K to $1M. Reported net income was $510K.
How have Global Merchants, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Global Merchants, Inc.'s sponsor-wide assets declined 79.4%, from $6M to $1M.
Where does Global Merchants, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Global Merchants, Inc. 401(k) Plan ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which 401(k) plans are similar in size to Global Merchants, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Peter Scerbo Dmd PA 401(k) Profit Sharing Plan in FL ($1M, 14 participants).
Which 401(k) plans cover a similar participant headcount to Global Merchants, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nasr Psychiatric Services 401(k) Plan in IN (5 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 264799955.

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.