Plan Snapshot
- Plan Sponsor: Cxtec INC.
- Sponsor EIN: 161105670
- Sponsor Address: 400 SOUTH SALINA STREET, SYRACUSE, NY, 13202
- Plan Type: 401(k)
- Total Participants: 224
- Total Assets: $55.5M
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 | 224 | $55.5M | $628,863 | $2.0M |
| 2023 | 281 | $52.1M | $692,623 | $2.2M |
| 2022 | 246 | $44.3M | $722,943 | $2.1M |
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 |
|---|---|---|---|---|
| CARON&BLETZER,PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON&BLETZER,PLLC — Auditor
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 | $88,901 | $48,480 | — | — | — |
| 2023 | $88,823 | $49,867 | $300 | — | — |
| 2022 | $90,456 | $14,370 | — | — | — |