Plan Snapshot
- Plan Sponsor: Recordxtechnolgies Dba Ontellus
- Sponsor EIN: 472853876
- Sponsor Address: 910 LOUISIANA ST, HOUSTON, TX, 77002
- Plan Type: 401(k)
- Total Participants: 528
- Total Assets: $17.5M
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 | 528 | $17.5M | $886,828 | $1.8M |
| 2023 | 568 | $15.4M | $903,830 | $1.7M |
| 2022 | 602 | $12.1M | $920,648 | $1.7M |
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 |
|---|---|---|---|---|
| HOFFMAN, SHORT, RUBIN, DEWINTER, SA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $55,461 | $45,123 | — | — | — |
| 2023 | $49,308 | $36,929 | — | — | — |
| 2022 | $44,234 | $3,418 | — | — | — |