Global Tungsten & Powders 401(k) match, vesting and fees
What Global Tungsten & Powders' 401(k) plan says about matching contributions
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.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Freed Maxick P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Global Tungsten & Powders: employer contribution per participant | $1,801 | |
| Peer median | $2,038 |
| Global Tungsten & Powders: average balance | $148,501 | |
| Peer median | $72,907 |
| Global Tungsten & Powders: admin expenses ÷ assets | 0.23% | |
| Peer median | 0.20% |
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 $93.7M at the end of plan year 2021 to $98.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 674 | $98.9M | $1.2M | $1,801 | 0.23% | Not published | Form 5500 ↗ |
| 2023 | 693 | $91.3M | $1.2M | $1,760 | 0.22% | Not published | Form 5500 ↗ |
| 2022 | 705 | $85.7M | $1.1M | $1,588 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 613 | $93.7M | $963K | $1,594 | 0.23% | Not published | Form 5500 ↗ |
Other Global Tungsten & Powders plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Gtp Retirement Plan
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.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Freed Maxick P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Global Tungsten & Powders Corporation Pension Plan
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.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Freed Maxick Cpas, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Global Tungsten & Powders match 401(k) contributions?
The match terms for the Gtp Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $1.2M in employer contributions, about $1,801 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Global Tungsten & Powders 401(k) match vested?
The vesting schedule for the Gtp Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Global Tungsten & Powders 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Global Tungsten & Powders LLC.
I left Global Tungsten & Powders. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Global Tungsten & Powders LLC, (570) 268-5363) or the recordkeeper, Principal Life Insurance Company. The Global Tungsten & Powders old 401(k) page lists the contacts from every plan filing. Find an old Global Tungsten & Powders 401(k)
Data from the public Form 5500 annual reports Global Tungsten & Powders filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Tungsten & Powders. Not financial advice. Report a correction · Methodology