Plan Snapshot
- Plan Sponsor: Apex Systems, LLC
- Sponsor EIN: 541773546
- Sponsor Address: 4400 COX ROAD, GLEN ALLEN, VA, 23060
- Plan Type: 401(k)
- Total Participants: 4,283
- Total Assets: $478.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 4,283 | $478.7M | $9.7M | $30.0M |
| 2023 | 3,381 | $391.7M | $10.7M | $30.3M |
| 2022 | 3,625 | $301.9M | $9.2M | $27.2M |
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 |
|---|---|---|---|---|
| KEITER STEPHENS | Auditor | $34,739 | — | $34,739 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,739
- Estimated Expense Ratio: 0.007% 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 | $419,195 | $102,056 | $600 | $34,739 | — |
| 2023 | $360,195 | $89,715 | — | $32,543 | — |
| 2022 | $359,873 | $8,586 | — | — | — |