Plan Snapshot
- Plan Sponsor: Apax Partners Us, LLC
- Sponsor EIN: 202520354
- Sponsor Address: 601 LEXINGTON AVENUE, NEW YORK, NY, 10022
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $58.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 116 | $58.5M | $2.3M | $2.0M |
| 2023 | 108 | $51.8M | $2.0M | $1.9M |
| 2022 | 116 | $40.4M | $2.1M | $1.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MORGAN STANLEY | Investment Advisor | $79,988 | — | $79,988 |
| EMPOWER LIFE & ANNUITY INSURANCE CO | Recordkeeper | $35,942 | — | $35,942 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $11,125 | — | $11,125 |
| THE BENEFIT PRACTICE | Recordkeeper | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $133,055
- Estimated Expense Ratio: 0.227% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $131,189 | — | $40,076 | — | — |
| 2023 | $66,889 | $48,899 | $17,990 | — | — |
| 2022 | $42,138 | — | $42,138 | — | — |