Plan Snapshot
- Plan Sponsor: X Corp.
- Sponsor EIN: 208913779
- Sponsor Address: 1355 MARKET STREET, SAN FRANCISCO, CA, 94103
- Plan Type: 401(k)
- Total Participants: 823
- Total Assets: $574.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 823 | $574.3M | $3.4M | $11.3M |
| 2023 | 717 | $572.6M | $6.6M | $23.4M |
| 2022 | 4,935 | $587.8M | $26.2M | $99.3M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $476,044 | — | $476,044 |
| NEWFRONT RETIREMENT SERVICES INC | NONE | $127,500 | — | $127,500 |
| VANGUARD ADVISERS INC. | NONE | $117,456 | — | $117,456 |
| MILLER KAPLAN ARASE, LLP | NONE | $24,000 | — | $24,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- VANGUARD ADVISERS INC. — NONE
- MILLER KAPLAN ARASE, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $745,000
- Estimated Expense Ratio: 0.130% 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 | $744,050 | — | — | — | — |
| 2023 | $519,512 | — | — | — | — |
| 2022 | $232,868 | — | — | — | — |