Plan Snapshot
- Plan Sponsor: Trax International Corporation
- Sponsor EIN: 850277228
- Sponsor Address: 8337 WEST SUNSET ROAD SUITE 190, LAS VEGAS, NV, 891132211
- Plan Type: 401(k)
- Total Participants: 1,367
- Total Assets: $113.1M
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 | 1,367 | $113.1M | $3.0M | $5.7M |
| 2023 | 1,121 | $104.8M | $2.6M | $4.9M |
| 2022 | 1,178 | $109.6M | $3.1M | $5.0M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $101,973 | — | $101,973 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $54,955 | — | $54,955 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $156,928
- Estimated Expense Ratio: 0.139% 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 | $156,928 | $54,955 | — | — | — |
| 2023 | $187,793 | $22,917 | $124,514 | — | — |
| 2022 | $248,777 | — | $236,219 | — | $12,558 |