Plan Snapshot
- Plan Sponsor: International Business Machines Corporation
- Sponsor EIN: 130871985
- Sponsor Address: ONE NEW ORCHARD ROAD, MD 261, ARMONK, NY, 10504
- Plan Type: 401(k)
- Plan Number: 010
- Total Participants: 0
- Total Assets: $18.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $18.4M | $0 | $0 |
| 2023 | 0 | $19.4M | $0 | $0 |
| 2022 | 0 | $26.0M | $160.0M | $43.2M |
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 |
|---|---|---|---|---|
| JP MORGAN CHASE | Recordkeeper | $5,000 | $62,716 | $67,716 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN CHASE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,716
- Estimated Expense Ratio: 0.369% 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 | $5,000 | — | — | — | — |
| 2023 | $5,000 | — | — | — | — |
| 2022 | $5,000 | — | — | — | — |