Plan Snapshot
- Plan Sponsor: Iex Group, INC
- Sponsor EIN: 800772845
- Sponsor Address: 3 WORLD TRADE CENTER, NEW YORK, NY, 10007
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $27.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 162 | $27.5M | $799,189 | $2.9M |
| 2023 | 193 | $22.1M | $926,550 | $3.2M |
| 2022 | 202 | $15.1M | $851,675 | $2.3M |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS | INVESTMENT ADVISORY-PLAN | $50,956 | — | $50,956 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $37,425 | — | $37,425 |
| BDO | AUDIT | $30,200 | — | $30,200 |
| FUTUREPLAN BY ASCENSUS | RECORDKEEPER | $6,518 | $30 | $6,548 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS — INVESTMENT ADVISORY-PLAN
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- BDO — AUDIT
- FUTUREPLAN BY ASCENSUS — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,129
- Estimated Expense Ratio: 0.456% 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 |
|---|---|---|---|---|---|
| 2024 | $176,675 | — | $176,675 | — | — |
| 2023 | $151,918 | — | $151,918 | — | — |
| 2022 | $70,800 | — | — | — | $70,800 |