Plan Snapshot
- Plan Sponsor: Avox Systems INC.
- Sponsor EIN: 263112854
- Sponsor Address: 225 ERIE STREET, LANCASTER, NY, 14086
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $31.7M
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 | 139 | $31.7M | $621,073 | $1.2M |
| 2023 | 122 | $29.6M | $558,649 | $1.0M |
| 2022 | 106 | $25.7M | $503,785 | $935,603 |
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 |
|---|---|---|---|---|
| SBFR PARTNER CPA'S LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,615 | $931 | — | — | — |
| 2023 | $2,329 | $1,641 | — | — | — |
| 2022 | $4,944 | $4,299 | — | — | — |