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GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 401k Plan overview

Plan NameGLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN
Plan identification number 001

GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. has sponsored the creation of one or more 401k plans.

Company Name:GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC.
Employer identification number (EIN):900802619
NAIC Classification:488990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01DAVID PINNELLA
0012016-01-01TOM DEMETRAKIS

Plan Statistics for GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN

401k plan membership statisitcs for GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN

Measure Date Value
2022: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0168
Total number of active participants reported on line 7a of the Form 55002022-01-0163
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0111
Total of all active and inactive participants2022-01-0174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0174
Number of participants with account balances2022-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-013
2021: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0164
Total number of active participants reported on line 7a of the Form 55002021-01-0158
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0110
Total of all active and inactive participants2021-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0168
Number of participants with account balances2021-01-0157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01107
Total number of active participants reported on line 7a of the Form 55002020-01-0158
Number of other retired or separated participants entitled to future benefits2020-01-016
Total of all active and inactive participants2020-01-0164
Total participants2020-01-0164
Number of participants with account balances2020-01-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-013
2019: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0199
Total number of active participants reported on line 7a of the Form 55002019-01-0191
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-0115
Total of all active and inactive participants2019-01-01107
Total participants2019-01-01107
Number of participants with account balances2019-01-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-013
2018: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0193
Total number of active participants reported on line 7a of the Form 55002018-01-0180
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0118
Total of all active and inactive participants2018-01-0199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0199
Number of participants with account balances2018-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-014
2017: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0193
Total number of active participants reported on line 7a of the Form 55002017-01-0179
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-0113
Total of all active and inactive participants2017-01-0193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0193
Number of participants with account balances2017-01-0188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0195
Total number of active participants reported on line 7a of the Form 55002016-01-0176
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-0116
Total of all active and inactive participants2016-01-0193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0193
Number of participants with account balances2016-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012

Financial Data on GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN

Measure Date Value
2022 : GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-3,474,334
Expenses. Total of all expenses incurred2022-12-31$3,133,936
Benefits paid (including direct rollovers)2022-12-31$3,124,553
Total plan assets at end of year2022-12-31$19,867,959
Total plan assets at beginning of year2022-12-31$26,476,229
Value of fidelity bond covering the plan2022-12-31$500,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$1,021,500
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$7,646
Other income received2022-12-31$-4,977,858
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-6,608,270
Net plan assets at end of year (total assets less liabilities)2022-12-31$19,867,959
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$26,476,229
Assets. Value of participant loans2022-12-31$96,884
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$474,378
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$8,695
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$688
2021 : GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$5,512,647
Expenses. Total of all expenses incurred2021-12-31$2,658,521
Benefits paid (including direct rollovers)2021-12-31$2,614,000
Total plan assets at end of year2021-12-31$26,476,229
Total plan assets at beginning of year2021-12-31$23,622,103
Value of fidelity bond covering the plan2021-12-31$500,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$950,575
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$4,102,619
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$2,854,126
Net plan assets at end of year (total assets less liabilities)2021-12-31$26,476,229
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$23,622,103
Assets. Value of participant loans2021-12-31$96,184
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$459,453
Value of certain deemed distributions of participant loans2021-12-31$14,134
Value of corrective distributions2021-12-31$29,587
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$800
2020 : GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$-11,367,043
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$4,763,531
Expenses. Total of all expenses incurred2020-12-31$552,650
Benefits paid (including direct rollovers)2020-12-31$552,212
Total plan assets at end of year2020-12-31$23,622,103
Total plan assets at beginning of year2020-12-31$30,778,265
Value of fidelity bond covering the plan2020-12-31$500,000
Total contributions received or receivable from participants2020-12-31$898,073
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$54,917
Other income received2020-12-31$3,359,546
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$4,210,881
Net plan assets at end of year (total assets less liabilities)2020-12-31$23,622,103
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$30,778,265
Assets. Value of participant loans2020-12-31$155,981
Total contributions received or receivable from employer(s)2020-12-31$450,995
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$438
2019 : GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$8,864,759
Expenses. Total of all expenses incurred2019-12-31$2,999,233
Benefits paid (including direct rollovers)2019-12-31$3,019,022
Total plan assets at end of year2019-12-31$30,778,265
Total plan assets at beginning of year2019-12-31$24,912,739
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$1,107,237
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$969,813
Other income received2019-12-31$6,320,648
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$5,865,526
Net plan assets at end of year (total assets less liabilities)2019-12-31$30,778,265
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$24,912,739
Assets. Value of participant loans2019-12-31$257,283
Total contributions received or receivable from employer(s)2019-12-31$467,061
Value of certain deemed distributions of participant loans2019-12-31$-20,702
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$913
2018 : GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$1,316,464
Expenses. Total of all expenses incurred2018-12-31$4,465,223
Benefits paid (including direct rollovers)2018-12-31$4,444,019
Total plan assets at end of year2018-12-31$24,912,739
Total plan assets at beginning of year2018-12-31$28,061,498
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$1,054,310
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$644,065
Other income received2018-12-31$-990,528
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-3,148,759
Net plan assets at end of year (total assets less liabilities)2018-12-31$24,912,739
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$28,061,498
Assets. Value of participant loans2018-12-31$187,458
Total contributions received or receivable from employer(s)2018-12-31$608,617
Value of certain deemed distributions of participant loans2018-12-31$20,279
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$925
2017 : GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$5,837,877
Expenses. Total of all expenses incurred2017-12-31$1,859,414
Benefits paid (including direct rollovers)2017-12-31$1,858,976
Total plan assets at end of year2017-12-31$28,061,498
Total plan assets at beginning of year2017-12-31$24,083,035
Value of fidelity bond covering the plan2017-12-31$500,000
Assets. Value of tangible personal property2017-12-31$0
Total contributions received or receivable from participants2017-12-31$974,169
Assets. Value of loans (other than to participants)2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$4,273,290
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$3,978,463
Net plan assets at end of year (total assets less liabilities)2017-12-31$28,061,498
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$24,083,035
Assets. Value of participant loans2017-12-31$106,714
Assets. Value of assets in partnership/joint-venture interests2017-12-31$0
Assets. Value of real-estate (other than employer real property)2017-12-31$0
Assets. Value of employer securities2017-12-31$0
Assets. Value of employer real property2017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$590,418
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$438
2016 : GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$3,194,151
Expenses. Total of all expenses incurred2016-12-31$635,589
Benefits paid (including direct rollovers)2016-12-31$635,133
Total plan assets at end of year2016-12-31$24,083,035
Total plan assets at beginning of year2016-12-31$21,524,473
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$963,505
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$1,713
Other income received2016-12-31$1,631,084
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$2,558,562
Net plan assets at end of year (total assets less liabilities)2016-12-31$24,083,035
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$21,524,473
Assets. Value of participant loans2016-12-31$105,715
Total contributions received or receivable from employer(s)2016-12-31$597,849
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$456

Form 5500 Responses for GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN

2022: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: GLOBAL HOLDINGS MANAGEMENT GROUP (US) INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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