Globitech, Incorporated 401(k) Plan: Login, Facts & Contact Information

Globitech, Incorporated 401(k) Plan Facts

Plan name
GLOBAL WAFERS US 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GLOBITECH, INCORPORATED
Participants
734 (665 active employees)
Former employees with a balance
120
Plan assets
$121,192,473 at Dec 31, 2024
Average account balance
$163,995 across 739 accounts
Employer contributions
$1,764,926 in plan year 2024 (27% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2006
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.54 million went into the plan in contributions, $1.76 million of it from the employer (27%).
  • $7.13 million was paid out to participants.
  • Investment and other income added $15.1 million.
  • Administrative expenses were $98,232, about $133 per account.

How the Globitech, Incorporated 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019694$87.1 million$960,242$4.44 million
2020689$96.9 million$1.38 million$7.52 million
2021666$109.4 million$1.43 million$6.69 million
2022688$93.6 million$1.60 million$4.12 million
2023695$106.8 million$1.75 million$10.8 million
2024734$121.2 million$1.76 million$7.13 million

Globitech, Incorporated 401(k) Contact Information

Phone
903-957-1925
Mailing address
200 FM 1417 WEST, SHERMAN TX 75092
Plan sponsor
GLOBITECH, INCORPORATED
Employer identification number (EIN)
75-2793645
Plan number
001

Questions about the Globitech, Incorporated 401(k)

Does Globitech, Incorporated contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.76 million, 27% of all contributions.

Does the Globitech, Incorporated 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Globitech, Incorporated 401(k) plan?

734 participants at the start of plan year 2024, 665 of them active employees, and 120 former employees who still had money in the plan.

What is the average 401(k) balance at Globitech, Incorporated?

About $163,995 per account: $121.2 million in plan assets across 739 accounts with a balance at the end of plan year 2024.

Who manages the Globitech, Incorporated 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Globitech, Incorporated. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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