Plan Snapshot
- Plan Sponsor: Luxoft Usa, INC.
- Sponsor EIN: 223402613
- Sponsor Address: 152 WEST 57TH ST, SUITE 36SW, NEW YORK, NY, 10019
- Plan Type: 401(k)
- Total Participants: 709
- Total Assets: $53.5M
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 | 709 | $53.5M | $2.9M | $6.5M |
| 2023 | 761 | $43.3M | $2.9M | $7.0M |
| 2022 | 753 | $31.8M | $2.7M | $6.4M |
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 |
|---|---|---|---|---|
| SCS | ADVISOR | $68,422 | — | $68,422 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $58,781 | — | $58,781 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $22,364 | — | $22,364 |
| WITHUMSMITH BROWN PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WITHUMSMITH BROWN PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,567
- Estimated Expense Ratio: 0.280% 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 | $149,566 | $90,785 | — | — | — |
| 2023 | $110,136 | $65,789 | — | — | — |
| 2022 | $119,430 | $7,674 | — | — | — |