Globant Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Globant Llc 401(k) Plan Facts (plan year 2020)

Plan name
GLOBANT LLC 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GLOBANT LLC
Participants
703 (564 active employees)
Former employees with a balance
147
Plan assets
$22,107,552 at Dec 31, 2020
Average account balance
$41,870 across 528 accounts
Employer contributions
$1,682,592 in plan year 2020 (28% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 2015
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Feb 2, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $5.96 million went into the plan in contributions, $1.68 million of it from the employer (28%).
  • $2.49 million was paid out to participants.
  • Investment and other income added $3.35 million.
  • Administrative expenses were $98,465, about $186 per account.

How the Globant Llc 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015180$82,968$4,862$0
2016259$1.26 million$77,196$47,364
2017399$2.11 million$187,503$307,502
2018417$9.12 million$736,851$423,591
2019644$15.1 million$1.29 million$1.50 million
2020703$22.1 million$1.68 million$2.49 million

Globant Llc 401(k) Contact Information

Phone
877-798-8104
Mailing address
875 HOWARD ST, STE 320, SAN FRANCISCO CA 94103
Plan sponsor
GLOBANT LLC
Employer identification number (EIN)
98-0390078
Plan number
002

Questions about the Globant Llc 401(k)

Is the Globant Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Globant Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $1.68 million, 28% of all contributions.

Does the Globant Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Globant Llc 401(k) plan?

703 participants at the start of plan year 2020, 564 of them active employees, and 147 former employees who still had money in the plan.

What is the average 401(k) balance at Globant Llc?

About $41,870 per account: $22.1 million in plan assets across 528 accounts with a balance at the end of plan year 2020.

Who manages the Globant Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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