Plan Snapshot
- Plan Sponsor: Vortex Industries, LLC
- Sponsor EIN: 952761304
- Sponsor Address: 20 ODYSSEY, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 1,040
- Total Assets: $37.5M
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 | 1,040 | $37.5M | $1.1M | $3.3M |
| 2023 | 731 | $30.6M | $788,119 | $2.7M |
| 2022 | 635 | $25.2M | $629,931 | $2.4M |
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 INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $63,184 | — | $63,184 |
| GALLAGHER FIDUCIARY ADVISORS LLC | CONSULTANT/ADVISOR | $30,000 | — | $30,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $16,772 | — | $16,772 |
| LANCE SOLL & LUNGHARD, LLP | ACCOUNTANT\AUDITOR | $15,500 | — | $15,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GALLAGHER FIDUCIARY ADVISORS LLC — CONSULTANT/ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- LANCE SOLL & LUNGHARD, LLP — ACCOUNTANT\AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,456
- Estimated Expense Ratio: 0.335% 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 | $125,456 | $39,272 | — | $15,500 | — |
| 2023 | $129,257 | $58,036 | — | $20,750 | — |
| 2022 | $110,374 | $12,463 | — | — | — |