Plan Snapshot
- Plan Sponsor: Ibex Global Solutions, INC.
- Sponsor EIN: 721583550
- Sponsor Address: 1717 PENNSYLVANIA AVENUE NW, WASHINGTON, DC, 20006
- Plan Type: 401(k)
- Total Participants: 1,972
- Total Assets: $12.7M
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 | 1,972 | $12.7M | $632,142 | $1.3M |
| 2023 | 1,924 | $9.9M | $641,153 | $1.3M |
| 2022 | 2,315 | $7.4M | $514,889 | $1.1M |
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 |
|---|---|---|---|---|
| CARR, RIGGS & INGRAM, LLC | 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 | $95,265 | $37,351 | $57,914 | — | — |
| 2023 | $88,162 | $33,921 | $54,241 | — | — |
| 2022 | $74,493 | $34,056 | $40,437 | — | — |