Plan Snapshot
- Plan Sponsor: Brox Industries, INC.
- Sponsor EIN: 042772247
- Sponsor Address: ONE TECH DRIVE, SUITE 310, ANDOVER, MA, 01810
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $21.1M
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 | 105 | $21.1M | $827,180 | $664,363 |
| 2023 | 107 | $23.4M | $574,580 | $681,585 |
| 2022 | 121 | $20.3M | $537,467 | $687,797 |
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 |
|---|---|---|---|---|
| PLANTE & MORAN PLLC | 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 | $66,317 | $54,171 | — | — | — |
| 2023 | $59,666 | $48,578 | — | — | — |
| 2022 | $60,703 | — | $60,703 | — | — |