Plan Snapshot
- Plan Sponsor: Avox Systems INC.
- Sponsor EIN: 263112854
- Sponsor Address: 225 ERIE STREET, LANCASTER, NY, 14086
- Plan Type: 401(k)
- Total Participants: 204
- Total Assets: $6.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 204 | $6.5M | $53,863 | $511,885 |
| 2023 | 170 | $7.1M | $49,372 | $481,424 |
| 2022 | 157 | $7.6M | $50,877 | $483,801 |
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 PARTNERS CPAS 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 | $2,798 | $2,019 | — | — | — |
| 2023 | $2,468 | $1,905 | — | — | — |
| 2022 | $2,441 | $2,038 | — | — | — |