Plan Snapshot
- Plan Sponsor: Apex Fund Services (Charlotte) LLC
- Sponsor EIN: 421644246
- Sponsor Address: 150 E 52ND ST, NEW YORK, NY, 100226017
- Plan Type: 401(k)
- Total Participants: 655
- Total Assets: $49.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 655 | $49.2M | $2.6M | $5.3M |
| 2023 | 336 | $23.1M | $1.3M | $3.1M |
| 2022 | 485 | $17.4M | $1.1M | $2.7M |
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 |
|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES, INC. | CONTRACT ADMINISTRATOR | $74,466 | $19,996 | $94,462 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $70,152 | — | $70,152 |
| WITHUM SMITH +BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH +BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $164,614
- Estimated Expense Ratio: 0.335% 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 | $144,208 | $55,494 | $88,714 | — | — |
| 2023 | $66,035 | — | $66,035 | — | — |
| 2022 | $44,294 | — | $44,294 | — | — |