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: 0
- Total Assets: $0
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 | 0 | $0 | $2.1M | $4.1M |
| 2023 | 1,133 | $94.8M | $2.0M | $3.9M |
| 2022 | 1,160 | $83.0M | $2.0M | $3.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENT INSTITUTIONAL | RECORDKEEPER | $114,372 | — | $114,372 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $53,610 | — | $53,610 |
| MCCONNELL & JONES, LLP | Auditor | $8,550 | — | $8,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENT INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- MCCONNELL & JONES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $176,532
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 | $84,747 | $29,775 | — | $8,550 | — |
| 2023 | $83,991 | $26,805 | — | — | — |
| 2022 | $96,948 | $22,556 | $74,392 | — | — |