Plan Snapshot
- Plan Sponsor: Xad, INC.
- Sponsor EIN: 330942669
- Sponsor Address: ONE WORLD TRADE CENTER, NEW YORK, NY, 10007
- Plan Type: 401(k)
- Total Participants: 182
- Total Assets: $29.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 182 | $29.6M | $594,241 | $2.7M |
| 2023 | 203 | $24.7M | $706,554 | $3.0M |
| 2022 | 252 | $18.7M | $794,478 | $3.2M |
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 |
|---|---|---|---|---|
| NEWFRONT RETIREMENT SERVICES INC | ADVISOR | $41,670 | — | $41,670 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $40,977 | — | $40,977 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,647
- Estimated Expense Ratio: 0.280% 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 | $82,647 | $41,670 | — | — | — |
| 2023 | $73,060 | $37,830 | — | — | — |
| 2022 | $77,347 | — | — | — | — |