Plan Snapshot
- Plan Sponsor: Acxion Foodservice INC.
- Sponsor EIN: 521272211
- Sponsor Address: 1701 CROSSROADS DR, ODENTON, MD, 21113
- Plan Type: 401(k)
- Total Participants: 813
- Total Assets: $45.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 813 | $45.8M | $592,720 | $4.5M |
| 2023 | 517 | $47.6M | $369,739 | $3.0M |
| 2022 | 528 | $39.9M | $354,870 | $2.8M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
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 | $175,919 | $54,340 | $121,579 | — | — |
| 2023 | $153,539 | $50,965 | $102,574 | — | — |
| 2022 | $161,844 | $49,772 | $112,072 | — | — |