GLOBAL INDUSTRIAL COMPANY 401(K) PLAN

Address: 11 HARBOR PARK DR,PORT WASHINGTON,NY
Contact person: THOMAS AXMACHER
Phone: (516) 608-7000

GLOBAL INDUSTRIAL COMPANY 401(K) PLAN has the following features:
Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2022, the total retirement plan assets of GLOBAL INDUSTRIAL COMPANY 401(K) PLAN is $80,552,080.00.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in GLOBAL INDUSTRIAL COMPANY 401(K) PLAN is 2178

In 2022, the average participant retirement account value for GLOBAL INDUSTRIAL COMPANY 401(K) PLAN is $36,984.00

In 2022, the estimated average employee contribution amount per participant for GLOBAL INDUSTRIAL COMPANY 401(K) PLAN is $3,036.00

In 2022, the estimated average employer match for an employee in GLOBAL INDUSTRIAL COMPANY 401(K) PLAN is approximately $737.00

In 2022, GLOBAL INDUSTRIAL COMPANY 401(K) PLAN allocates $1,605,806.00 to match its employees' contributions, providing an employer match rate of 24.26% of their contributions

In 2022, the total retirement plan asset growth rate of GLOBAL INDUSTRIAL COMPANY 401(K) PLAN is -18.90%

In 2022, the estimated aggregate retirement account investment gain/loss for GLOBAL INDUSTRIAL COMPANY 401(K) PLAN is -17.99%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of GLOBAL INDUSTRIAL COMPANY 401(K) PLAN is 0.04%.

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