Plan Snapshot
- Plan Sponsor: X Energy, LLC
- Sponsor EIN: 274661265
- Sponsor Address: 530 GAITHER ROAD, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 430
- Total Assets: $36.7M
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 | 430 | $36.7M | $2.9M | $5.3M |
| 2023 | 406 | $26.4M | $3.1M | $5.8M |
| 2022 | 387 | $13.6M | $2.0M | $3.9M |
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 |
|---|---|---|---|---|
| TORRILLO AND ASSOCIATES LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO AND ASSOCIATES LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $72,371 | $60,266 | $12,105 | — | — |
| 2023 | $51,906 | $44,966 | $6,940 | — | — |
| 2022 | $30,966 | $25,581 | $5,385 | — | — |