Plan Snapshot
- Plan Sponsor: Xmotors.Ai INC.
- Sponsor EIN: 823160099
- Sponsor Address: 3940 FREEDOM CIRCLE, SANTA CLARA, CA, 95054
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 201
- Total Assets: $10.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 201 | $10.9M | $0 | $0 |
| 2024 | 120 | $8.0M | $306,661 | $1.4M |
| 2023 | 101 | $5.8M | $290,494 | $1.2M |
| 2022 | 101 | $3.8M | $184,909 | $1.1M |
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 |
|---|---|---|---|---|
| LEE CPA AUDIT GROUP | 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 |
|---|---|---|---|---|---|
| 2025 | $1,500,398 | $3,385 | $800 | — | — |
| 2024 | $22,112 | $16,793 | $768 | — | — |
| 2023 | $15,249 | $11,600 | $498 | — | — |
| 2022 | $11,585 | — | — | — | $11,585 |