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Original filing (PDF)20251015122634NAL0004524913001
GLS INDUSTRIES, INC.
Form 5500
FILING_RECEIVED
GLS INDUSTRIES, INC. 401(K) PLAN
401(k) retirement plan
Active participants
106
Accounts w/ balance
124
Plan assets (EOY)
$12.8M
Net assets (EOY)
$12.8M
How this plan invests
This plan
1 pooled trust
Schedule D
28 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
95
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
100
Participation health
100
Knocking points off
- 35 bps in Schedule C fees — modestly above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GLS INDUSTRIES, INC..
Plan sponsor
Name
GLS INDUSTRIES, INC.
EIN
41-1665692
Address
7200 BROADWAY AVE N · ROCHESTER, MN · 55906
Phone
(507) 535-1494
Industry
Manufacturingsee all
Plan administrator
Name
PENTEGRA SERVICES, INC
EIN
13-3745616
City
CHARLOTTE, NC
Phone
(844) 367-2848
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
SMITH SCHAFER & ASSOCIATES LTD
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ADP, INC. | 13-3036745 | — | RECORD KEEPER | $18K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCOR FINANCIAL SERVICES CORPORAT | 42-0941553 | — | INVESTMENT/FINANCIAL ADVI | $27K | — |
| MESIROW FINANCIAL INVESTMENT MANAGE | 36-3429599 | — | INVESTMENT/FINANCIAL ADVI | $0 | — |
Investments
27 direct securities · 1 pooled fund· $12.8M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Registered Investment Companies
$12.5M
27 holdings
Common Collective Trust
$295K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| FID 500 IND | Registered Investment Companies | — | — | $2.4M | 18.9% | |
| VAN TARGET RETIRE 2040 | Registered Investment Companies | — | — | $1.5M | 11.8% | |
| VAN TARG RETIRE 2060 | Registered Investment Companies | — | — | $1.3M | 10.5% | |
| VAN TARGET RETIRE 2030 | Registered Investment Companies | — | — | $1.2M | 9.6% | |
| FID ADV EQUITY GROWTH - Z | Registered Investment Companies | — | — | $1.0M | 8.0% | |
| FID MID CAP INDEX | Registered Investment Companies | — | — | $777K | 6.1% | |
| VAN TARGET RETIRE 2050 | Registered Investment Companies | — | — | $754K | 5.9% | |
| COLUMBIA BALANCED FUND - I3 940 REGISTERED INVESTMENT COMPANY FID SMALL CAP INDEX | Registered Investment Companies | — | — | $648K | 5.1% | |
| AF STRATEGIC BOND R6 | Registered Investment Companies | — | — | $475K | 3.7% | |
| NEUBERGER BERMAN LGCAP VAL INV | Registered Investment Companies | — | — | $379K | 3.0% | |
| HTFD BALANCED INCOME R6 | Registered Investment Companies | — | — | $329K | 2.6% | |
| BLACKROCK MID-CAP VALUE K | Registered Investment Companies | — | — | $314K | 2.5% | |
| MORLEY STABLE VALUE - 25 I PRINCIPAL GLOBAL INV TRUST · EIN 93-6274329 / PN 001 | Common Collective Trust | — | — | $295K | 2.3% | |
| VAN TARGET RETIRE 2035 | Registered Investment Companies | — | — | $280K | 2.2% | |
| PIMCO STOCKSPLUS INTL I | Registered Investment Companies | — | — | $248K | 1.9% | |
| NEUBERGER BERMAN GENESIS - R6 | Registered Investment Companies | — | — | $195K | 1.5% | |
| VAN TARGET RETIRE 2020 | Registered Investment Companies | — | — | $160K | 1.2% | |
| AMF INCOME FD OF AMERICA R6 | Registered Investment Companies | — | — | $115K | 0.9% | |
| VAN TARGET RETIRE 2045 | Registered Investment Companies | — | — | $105K | 0.8% | |
| VAN TARGET RETIRE 2055 | Registered Investment Companies | — | — | $61K | 0.5% | |
| MACQUARIE MID CAP GROWTH R6 | Registered Investment Companies | — | — | $54K | 0.4% | |
| VAN STRAT SM CP EQTY - INV | Registered Investment Companies | — | — | $41K | 0.3% | |
| PIMCO RAE US SM INSTL | Registered Investment Companies | — | — | $20K | 0.2% | |
| PIM RE REAL RETURN STRAT - INS | Registered Investment Companies | — | — | $13K | 0.1% | |
| VAN TARG RETIRE 2070 | Registered Investment Companies | — | — | $5K | <0.1% | |
| VAN TARGET RETIRE 2025 | Registered Investment Companies | — | — | $4K | <0.1% | |
| VAN TARG RETIRE 2065 | Registered Investment Companies | — | — | $2K | <0.1% | |
| VAN TARGET RETIRE INC | Registered Investment Companies | — | — | $1K | <0.1% |
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