Plan Snapshot
- Plan Sponsor: Ardex, L.P.
- Sponsor EIN: 200505554
- Sponsor Address: 400 ARDEX PARK DR., ALIQUIPPA, PA, 15001
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 385
- Total Assets: $54.1M
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. |
|---|---|---|---|---|
| 2025 | 385 | $54.1M | $0 | $0 |
| 2024 | 339 | $50.0M | $1.2M | $2.5M |
| 2023 | 347 | $45.9M | $1.0M | $2.3M |
| 2022 | 334 | $40.9M | $947,351 | $2.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $52,540 | — | $52,540 |
| WELLS FARGO ADVISORS LLC | Investment Advisor | $38,979 | — | $38,979 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $38,209 | — | $38,209 |
| GROSSMAN YANAK & FORD LLP | Auditor | $13,984 | — | $13,984 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,712
- Estimated Expense Ratio: 0.266% 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 |
|---|---|---|---|---|---|
| 2025 | $6,794,741 | $77,188 | — | $13,984 | — |
| 2024 | $109,487 | $61,497 | — | $11,529 | — |
| 2023 | $105,475 | $71,521 | — | $8,812 | — |
| 2022 | $109,422 | — | $109,422 | — | — |