Global Industries 401(k) match, vesting and fees

Plan year 2025 filingGlobal Industries, Inc. 401(k) Profit Sharing Plan · Plan 001 · EIN 47-0800196Updated Oct 2026

What Global Industries' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $520K in employer contributions, about $1,978 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$96,004
Average account balance
293
Participants (end of year)
$25.2M
Plan assets (end of year)
0.39%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperAlerus Financial, N.A.Schedule C ↗
Independent auditorEide Bailly (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.

Global Industries: employer contribution per participant$1,978
Peer median$1,962
Global Industries: average balance$96,004
Peer median$75,225
Global Industries: admin expenses ÷ assets0.39%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $40.2M at the end of plan year 2021 to $25.2M at the end of plan year 2025.

$40.2M2021$31.1M2022$25.2M2023$25.7M2024$25.2M2025
End-of-year figures from each plan year's Form 5500 filing for the Global Industries plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025293$25.2M$520K$1,9780.39%Not publishedForm 5500 ↗
2024362$25.7M$901K$2,7710.46%Not publishedForm 5500 ↗
2023462$25.2M$1M$2,5470.39%Not publishedForm 5500 ↗
2022515$31.1M$1.1M$2,5240.36%Not publishedForm 5500 ↗
2021519$40.2M$1.1M$2,4920.32%Not publishedForm 5500 ↗

Common questions

Does Global Industries match 401(k) contributions?

The match terms for the Global Industries, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2025 filing reports $520K in employer contributions, about $1,978 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Global Industries 401(k) match vested?

The vesting schedule for the Global Industries, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Global Industries 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Alerus Financial, N.A.. The plan administrator is Global Industries, Inc..

I left Global Industries. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Global Industries, Inc., (785) 632-2161) or the recordkeeper, Alerus Financial, N.A.. The Global Industries old 401(k) page lists the contacts from every plan filing. Find an old Global Industries 401(k)

Data from the public Form 5500 annual reports Global Industries filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Global Industries. Not financial advice. Report a correction · Methodology