Plan Snapshot
- Plan Sponsor: Iridex Corporation
- Sponsor EIN: 770210467
- Sponsor Address: 1212 TERRA BELLA AVE, MOUNTAIN VIEW, CA, 94043
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $28.9M
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 | 104 | $28.9M | $175,122 | $1.3M |
| 2023 | 111 | $27.6M | $192,155 | $1.4M |
| 2022 | 128 | $23.7M | $213,099 | $1.3M |
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 |
|---|---|---|---|---|
| BPM LLP | ACCOUNTANT/AUDITOR | $18,239 | — | $18,239 |
| CETERA ADVISORS LLC | CONSULTANT | $14,166 | — | $14,166 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,488 | — | $9,488 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BPM LLP — ACCOUNTANT/AUDITOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,893
- Estimated Expense Ratio: 0.145% 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 | $21,112 | $23,654 | — | $18,239 | — |
| 2023 | $32,388 | $21,462 | — | $24,075 | — |
| 2022 | $11,110 | $9,009 | — | — | — |