Plan Snapshot
- Plan Sponsor: Avixa, INC.
- Sponsor EIN: 540621493
- Sponsor Address: 11242 WAPLES MILL RD STE 200, FAIRFAX, VA, 220306079
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $24.1M
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. |
|---|---|---|---|---|
| 2024 | 111 | $24.1M | $464,700 | $1.4M |
| 2023 | 108 | $20.6M | $447,226 | $1.2M |
| 2022 | 102 | $16.3M | $406,485 | $1.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $36,412 | — | $36,412 |
| MERCER INVESTMENT MANAGEMENT INC | Investment Advisor | $35,000 | — | $35,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,077 | — | $5,077 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,489
- Estimated Expense Ratio: 0.318% 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 | $77,277 | $40,864 | — | — | — |
| 2023 | $60,554 | $37,854 | — | — | — |
| 2022 | $56,786 | $2,636 | — | — | — |