Plan Snapshot
- Plan Sponsor: Apex Tool Group LLC
- Sponsor EIN: 271996059
- Sponsor Address: 14600 YORK RD, SPARKS, MD, 21152
- Plan Type: DB
- Total Participants: 103
- Total Assets: $14.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 103 | $14.9M | $0 | $0 |
| 2023 | 109 | $14.4M | $0 | $0 |
| 2022 | 114 | $13.4M | $0 | $0 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $52,745 | — | $52,745 |
| THE BANK OF NEW YORK MELLON | Custodian / Trustee | $45,833 | — | $45,833 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,578
- Estimated Expense Ratio: 0.661% 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 | $137,036 | $45,833 | — | — | — |
| 2023 | $300,192 | — | — | — | — |
| 2022 | $163,107 | — | — | — | $13,285 |