Plan Snapshot
- Plan Sponsor: Impact Unlimited, INC. D/B/A Impact Xm
- Sponsor EIN: 221985926
- Sponsor Address: 250 RIDGE ROAD, DAYTON, NJ, 08810
- Plan Type: 401(k)
- Total Participants: 327
- Total Assets: $27.4M
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 | 327 | $27.4M | $337,332 | $1.3M |
| 2023 | 228 | $24.1M | $271,771 | $1.1M |
| 2022 | 160 | $20.5M | $0 | $647,746 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $24,099 | — | $24,099 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,099
- Estimated Expense Ratio: 0.088% 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 | $32,427 | $4,528 | $1,650 | $24,099 | — |
| 2023 | $20,272 | $3,942 | $1,600 | $12,480 | — |
| 2022 | $32,856 | $3,657 | $5,199 | — | $24,000 |