Plan Snapshot
- Plan Sponsor: Opex Corporation
- Sponsor EIN: 222013892
- Sponsor Address: 305 COMMERCE DRIVE, MOORESTOWN, NJ, 08057
- Plan Type: 401(k)
- Total Participants: 1,418
- Total Assets: $194.2M
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 | 1,418 | $194.2M | $2.1M | $9.1M |
| 2023 | 1,549 | $169.0M | $1.9M | $8.1M |
| 2022 | 1,766 | $141.6M | $3.1M | $7.6M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMI | SERVICE PROVIDER | $70,036 | $69,963 | $139,999 |
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $50,119 | — | $50,119 |
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $15,205 | — | $15,205 |
| KREISCHER MILLER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $205,323
- Estimated Expense Ratio: 0.106% 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 | $334,675 | $85,290 | $248,185 | — | — |
| 2023 | $346,795 | $9,793 | $333,302 | — | — |
| 2022 | $316,077 | — | — | — | — |