Plan Snapshot
- Plan Sponsor: Voxx International Corporation
- Sponsor EIN: 131964841
- Sponsor Address: 180 MARCUS BLVD., HAUPPAUGE, NY, 11788
- Plan Type: 401(k)
- Total Participants: 397
- Total Assets: $70.2M
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 | 397 | $70.2M | $558,175 | $2.8M |
| 2023 | 440 | $66.1M | $612,518 | $3.1M |
| 2022 | 545 | $59.4M | $688,752 | $3.3M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | Investment Advisor | $90,000 | — | $90,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $57,021 | — | $57,021 |
| CORNICK, GARBER & SANDLER | Auditor | $42,000 | — | $42,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $10,269 | — | $10,269 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $199,290
- Estimated Expense Ratio: 0.284% 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 | $199,290 | $100,269 | — | $42,000 | — |
| 2023 | $162,038 | $99,945 | — | — | — |
| 2022 | $174,844 | $11,189 | — | — | — |