Plan Snapshot
- Plan Sponsor: Onx Holdings, INC.
- Sponsor EIN: 852626288
- Sponsor Address: 3200 EARHART, CARROLTON, TX, 75006
- Plan Type: 401(k)
- Total Participants: 480
- Total Assets: $4.9M
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. |
|---|---|---|---|---|
| 2023 | 480 | $4.9M | $555,718 | $1.8M |
| 2022 | 345 | $2.5M | $0 | $1.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $60,150 | — | $60,150 |
| RESOURCES INVESTMENT ADVISORS, LLC | INVESTMENT MGMT | $5,290 | — | $5,290 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,440
- Estimated Expense Ratio: 1.325% 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 |
|---|---|---|---|---|---|
| 2023 | $32,720 | $2,645 | — | — | — |
| 2022 | $21,782 | $1,383 | $20,386 | — | — |