Plan Snapshot
- Plan Sponsor: Trax Holdings, INC
- Sponsor EIN: 861006665
- Sponsor Address: 909 LAKE CAROLYN PARKWAY, IRVING, TX, 75039
- Plan Type: 401(k)
- Total Participants: 67
- Total Assets: $5.7M
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 | 67 | $5.7M | $0 | $482,837 |
| 2023 | 77 | $5.4M | $0 | $491,233 |
| 2022 | 99 | $4.8M | $0 | $551,728 |
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 |
|---|---|---|---|---|
| PFG ADVISORS, LLC | INVESTMENT/FINANCIAL ADVI | $13,545 | — | $13,545 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PFG ADVISORS, LLC — INVESTMENT/FINANCIAL ADVI
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,545
- Estimated Expense Ratio: 0.238% 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 | $15,279 | $13,764 | — | — | — |
| 2023 | $40,418 | $37,951 | — | — | — |
| 2022 | $13,914 | — | — | — | — |