Plan Snapshot
- Plan Sponsor: Paxxus, INC.
- Sponsor EIN: 362656919
- Sponsor Address: 320 SOUTH STEWART AVENUE, ADDISON, IL, 60101
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $20.7M
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 | 196 | $20.7M | $361,871 | $964,687 |
| 2023 | 191 | $20.9M | $314,144 | $823,874 |
| 2022 | 141 | $17.8M | $248,476 | $642,013 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $30,975 | — | $30,975 |
| CREATIVE PLANNING LLC | Investment Advisor | $15,000 | — | $15,000 |
| MESIROW FINANCIAL INC | Investment Advisor | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- CREATIVE PLANNING LLC — Investment Advisor
- MESIROW FINANCIAL INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,975
- Estimated Expense Ratio: 0.246% 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 | $51,833 | $20,858 | — | — | — |
| 2023 | $50,969 | $20,031 | — | — | — |
| 2022 | $52,189 | $588 | — | — | — |