401k Plan data: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST plan

GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan Name	GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST
Plan identification number	001

GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

GLOBAL GROWTH HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name: GLOBAL GROWTH HOLDINGS, INC.

Employer identification number (EIN): 561996384

NAIC Classification: 511120
NAIC Description: Periodical Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2010-01-01 SANDI WHITE
001 2009-01-01 ELI RESEARCH INC
001 2009-01-01 SANDI WHITE

Plan Statistics for GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST

Measure Date Value
2023: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2023 401k membership
Total participants, beginning-of-year 2023-01-01 1,585
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 891
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 354
Total of all active and inactive participants 2023-01-01 1,245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 1,245
Number of participants with account balances 2023-01-01 1,038
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 7
2010: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year 2010-01-01 144
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 223
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 30
Total of all active and inactive participants 2010-01-01 253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 253
Number of participants with account balances 2010-01-01 104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 6
2009: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 192
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 140
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 140
Number of participants with account balances 2009-01-01 140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2023: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2023 401k membership
Total participants, beginning-of-year	2023-01-01	1,585
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	891
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	354
Total of all active and inactive participants	2023-01-01	1,245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	1,245
Number of participants with account balances	2023-01-01	1,038
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	7
2010: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year	2010-01-01	144
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	223
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	30
Total of all active and inactive participants	2010-01-01	253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	253
Number of participants with account balances	2010-01-01	104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	6
2009: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	192
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	140
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	140
Number of participants with account balances	2009-01-01	140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST

Measure	Date	Value
2023 : GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2023 401k financial data
Total transfer of assets from this plan	2023-12-31	$11,209,826
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$4,364
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$10,859
Total income from all sources (including contributions)	2023-12-31	$9,667,427
Total of all expenses incurred	2023-12-31	$8,168,292
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$7,786,177
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$4,336,233
Value of total assets at end of year	2023-12-31	$20,759,628
Value of total assets at beginning of year	2023-12-31	$30,476,814
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$382,115
Total interest from all sources	2023-12-31	$29,516
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$548,591
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$548,591
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$3,451,723
Participant contributions at end of year	2023-12-31	$280,308
Participant contributions at beginning of year	2023-12-31	$571,822
Participant contributions at end of year	2023-12-31	$48,131
Participant contributions at beginning of year	2023-12-31	$35,738
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$466,432
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2023-12-31	$4,364
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2023-12-31	$10,859
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$1,499,135
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$20,755,264
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$30,465,955
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Investment advisory and management fees	2023-12-31	$382,115
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$19,678,884
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$28,042,397
Interest on participant loans	2023-12-31	$29,516
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2023-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-12-31	$741,152
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$1,826,857
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$4,753,087
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$418,078
Employer contributions (assets) at end of year	2023-12-31	$11,153
Employer contributions (assets) at beginning of year	2023-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$7,786,177
Asset. Corporate debt instrument debt (other) at end of year	2023-12-31	$0
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	WILLIAMS OVERMAN PIERCE LLP
Accountancy firm EIN	2023-12-31	561031342
2010 : GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$656,079
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$307,503
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$300,502
Expenses. Certain deemed distributions of participant loans	2010-12-31	$0
Value of total corrective distributions	2010-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$409,654
Value of total assets at end of year	2010-12-31	$2,158,779
Value of total assets at beginning of year	2010-12-31	$1,810,203
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$7,001
Total interest from all sources	2010-12-31	$1,443
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$34,145
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$34,145
Assets. Real estate other than employer real property at beginning of year	2010-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2010-12-31	$0
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$409,654
Participant contributions at end of year	2010-12-31	$37,766
Participant contributions at beginning of year	2010-12-31	$21,459
Participant contributions at end of year	2010-12-31	$0
Participant contributions at beginning of year	2010-12-31	$724
Assets. Other investments not covered elsewhere at end of year	2010-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2010-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2010-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$0
Administrative expenses (other) incurred	2010-12-31	$7,001
Liabilities. Value of operating payables at beginning of year	2010-12-31	$0
Total non interest bearing cash at beginning of year	2010-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$348,576
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$2,158,779
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$1,810,203
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Assets. partnership/joint venture interests at beginning of year	2010-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$2,009,125
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$48,996
Interest on participant loans	2010-12-31	$1,443
Value of interest in master investment trust accounts at end of year	2010-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2010-12-31	$0
Value of interest in common/collective trusts at end of year	2010-12-31	$0
Value of interest in common/collective trusts at beginning of year	2010-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$111,888
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$1,717,389
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$1,717,389
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$0
Assets. Value of investments in 103.12 investment entities at end of year	2010-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2010-12-31	$0
Asset value of US Government securities at beginning of year	2010-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$210,837
Net investment gain/loss from pooled separate accounts	2010-12-31	$0
Net investment gain or loss from common/collective trusts	2010-12-31	$0
Net gain/loss from 103.12 investment entities	2010-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Assets. Invements in employer securities at beginning of year	2010-12-31	$0
Assets. Value of employer real property at beginning of year	2010-12-31	$0
Contributions received in cash from employer	2010-12-31	$0
Employer contributions (assets) at end of year	2010-12-31	$0
Employer contributions (assets) at beginning of year	2010-12-31	$21,635
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$300,502
Asset. Corporate debt instrument preferred debt at beginning of year	2010-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2010-12-31	$0
Contract administrator fees	2010-12-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2010-12-31	$0
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Liabilities. Value of acquisition indebtedness at beginning of year	2010-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	BLACKMAN & SLOOP, CPAS, P.A.
Accountancy firm EIN	2010-12-31	561304727

Form 5500 Responses for GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST

2023: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2010: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: GLOBAL GROWTH HOLDINGS, INC. PROFIT SHARING PLAN AND TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	1135
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $807
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	GLOBAL GROWTH HOLDINGS, INC.
Employer identification number (EIN):	561996384
NAIC Classification:	511120
NAIC Description:	Periodical Publishers

Plan id#	Filing Submission Date	Name of Administrator
001	2023-01-01
001	2010-01-01	SANDI WHITE
001	2009-01-01	ELI RESEARCH INC
001	2009-01-01	SANDI WHITE