Plan Snapshot
- Plan Sponsor: Xetex, LLC
- Sponsor EIN: 881175361
- Sponsor Address: 9405 HOLLY STREET NW, SUITE E, COON RAPIDS, MN, 55433
- Plan Type: 401(k)
- Total Participants: 132
- Total Assets: $8.6M
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 | 132 | $8.6M | $195,103 | $510,894 |
| 2023 | 115 | $7.5M | $157,618 | $430,442 |
| 2022 | 120 | $6.2M | $189,158 | $363,403 |
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 |
|---|---|---|---|---|
| ELLINGSON & ELLINGSON, LTD | Auditor | — | — | $0 |
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 | $58,114 | $23,937 | $3,525 | — | — |
| 2023 | $49,590 | $20,330 | $3,550 | — | — |
| 2022 | $52,933 | $7,167 | — | — | — |