Plan Snapshot
- Plan Sponsor: Excel Machinery, Ltd.
- Sponsor EIN: 752682704
- Sponsor Address: PO BOX 31118, AMARILLO, TX, 791201118
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 158
- Total Assets: $8.2M
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. |
|---|---|---|---|---|
| 2025 | 158 | $8.2M | $0 | $0 |
| 2024 | 125 | $7.3M | $247,172 | $512,501 |
| 2023 | 110 | $6.8M | $228,837 | $458,480 |
| 2022 | 112 | $5.6M | $206,508 | $427,570 |
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 | $30,325 | — | $30,325 |
| LPL FINANCIAL LLC | Investment Advisor | $13,844 | — | $13,844 |
| CETERA INVESTMENT ADVISORS LLC | Investment Advisor | $7,487 | — | $7,487 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,656
- Estimated Expense Ratio: 0.626% 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 |
|---|---|---|---|---|---|
| 2025 | $864,153 | $21,330 | — | — | — |
| 2024 | $1,084,589 | — | — | — | — |
| 2023 | $298,201 | — | — | — | — |
| 2022 | $315,110 | — | — | — | — |