401(k) · DOL Form 5500 · 2024

Global Steering Systems, LLC 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
324
Participants Below avg headcount
53rd
Percentile by assets National rank
$27,683
Avg per participant Low balance/head
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Official DOL plan name: Global Steering Systems, LLC 401(k) Plan · Sponsored by Global Steering Systems, LLC · Connecticut · Manufacturing

$9M in assets, 324 participants

Global Steering Systems, LLC's Global Steering Systems, LLC 401(k) Plan reported $9M in total assets and 324 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #6,847 in Manufacturing (17,777 peers)

Coverage in Connecticut

Global Steering Systems, LLC 401(k) Plan covers 324 participants in Connecticut, about 45% of the average Connecticut filer (state average ~718 per filing). Assets: $9M.

#6,847
in Manufacturing (17,777 peers)
-7.6%
assets change YoY

The plan reported a net loss of $734K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Global Steering Systems, LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Global Steering Systems, LLC 401(k) Plan vs every filed plan by assets

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

$8,969,133 Top 47% higher than 53% 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 Steering Systems, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Global Steering Systems, LLC 401(k) Plan sits mid-pack in the medium band (324 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Global Steering Systems, LLC 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to -$734K in the plan year 2024 filing.
  • Global Steering Systems, LLC 401(k) Plan end-of-year assets fell from $10M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Global Steering Systems, LLC 401(k) Plan reported participants rose from 318 in the plan year 2023 filing to 324 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 800367626 · Global Steering Systems, LLC PY 2024 · 401(k)

Global Steering Systems, LLC 401(k) Plan · $9M · 324 · 53rd

  • PHOTO $9M
  • IND 324
  • EOY 53rd
  • 5500 401(k)
  • ASSETS near Goodwill Industries of Central North Carolina, Inc. 401(k) Plan
  • PCT ind #6847

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 Manufacturing retirement plans → · Plans in Connecticut →

Global Steering Systems, LLC 401(k) Plan in the asset neighbourhood

Global Steering Systems, LLC 401(k) PlanGlobal Steering Systems, LLC…$9MGoodwill Industries of Central North Carolina, Inc. 401(k) PlanGoodwill Industries of Centr…$9MIndustrial Federal Credit Union 401(k)PlanIndustrial Federal Credit Un…$9MPremier Infusion and Healthcare Services, Inc. 401(k) Profit ShariPremier Infusion and Healthc…$9MTechneaux Technology 401(k) PlanTechneaux Technology 401(k) …$9M
End-of-year total assets ($M) among Global Steering Systems, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$734K
Employer EIN800367626
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Global Steering Systems, LLC)

Sponsor-wide plan assets over time

All Global Steering Systems, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$9M 13.371666857323069% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.91M $8.97M ▲ +13.4%
Year Plans Participants Total Assets
2022 1 261 $8M
2023 1 318 $10M
2024 1 324 $9M

Nearby 401(k) Plans in Connecticut

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

Global Steering Systems, LLC 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Global Steering Systems, LLC 401(k) Plan, Total assets ($B): 0.008969133 · Participants: 324Global Steering Systems, LLC 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 Steering Systems, LLC 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Global Steering Systems, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Goodwill Industries of Central North Carolina, Inc. 401(k) Plan in NC ($9M); by covered participants it is Austin Emergency Center LLC 401(k) Profit Sharing & Trust in TX (324 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (324 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 Steering Systems, LLC 401(k) Plan assets move in 2024?
Global Steering Systems, LLC 401(k) Plan pulled back noticeably - down 7.6% during 2024, from $10M to $9M. Reported net income was -$734K.
How have Global Steering Systems, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Global Steering Systems, LLC's sponsor-wide assets grew 13.4%, from $8M to $9M.
Which 401(k) plans are similar in size to Global Steering Systems, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Goodwill Industries of Central North Carolina, Inc. 401(k) Plan in NC ($9M, 246 participants).
Which 401(k) plans cover a similar participant headcount to Global Steering Systems, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Austin Emergency Center LLC 401(k) Profit Sharing & Trust in TX (324 participants, N/A in assets).