# Quanex Building Products Corporation 401(k) Plan
Source: https://planprovider.pro/companies/quanex-building-products-corporation-401k-plan-002

> Quanex Building Products Corporation&#39;s 401(k) plan: 4,006 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Quanex Building Products Corporation

- **Sponsor EIN:** 261561397

- **Sponsor Address:** 945 BUNKER HILL RD, HOUSTON, TX, 77024

- **Plan Type:** 401(k)

- **Total Participants:** 4,006

- **Total Assets:** $388.6M

## 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|4,006|$388.6M|$4.9M|$7.7M|

| 2023|1,988|$142.5M|$4.3M|$6.9M|

| 2022|2,122|$114.5M|$4.1M|$6.9M|

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$43,938|—|$43,938|

| FIDELITY INVESTMENT INSTITUTIONAL|RECORDKEEPER|$8,411|—|$8,411|

| MCCONNELL & JONES LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [FIDELITY INVESTMENT INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [MCCONNELL & JONES LLP](https://planprovider.pro/provider/mcconnell-and-jones-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $52,349

- **Estimated Expense Ratio:** 0.013% 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|$52,349|$43,938|—|—|—|

| 2023|$42,086|$36,617|—|—|—|

| 2022|$58,197|$30,542|$27,655|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/quanex-building-products-corporation-401k-plan-002)

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