Plan Snapshot
- Plan Sponsor: Apex Tool Group, LLC
- Sponsor EIN: 271996059
- Sponsor Address: 910 RIDGEBROOK RD., SPARKS, MD, 21152
- Plan Type: 401(k)
- Total Participants: 1,196
- Total Assets: $276.3M
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 | 1,196 | $276.3M | $5.9M | $8.8M |
| 2023 | 1,178 | $269.9M | $5.7M | $9.0M |
| 2022 | 1,396 | $252.1M | $6.4M | $9.6M |
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 |
|---|---|---|---|---|
| RKL LLP | Auditor | $7,488 | — | $7,488 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,488
- Estimated Expense Ratio: 0.003% 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 | $298,402 | $131,669 | $300 | $7,488 | — |
| 2023 | $342,879 | $120,134 | $600 | — | — |
| 2022 | $285,486 | $117,631 | — | — | — |