Retirement plan

IXI TECHNOLOGY INC. 401K PROFIT SHARING PLAN

Name: IXI TECHNOLOGY INC. - IXI TECHNOLOGY INC. 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: IXI TECHNOLOGY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IXI TECHNOLOGY INC. 401K PROFIT SHARING PLAN, IXI TECHNOLOGY INC.

IXI TECHNOLOGY INC.dba IXI TECHNOLOGY INC.EIN 46-3969004Plan #001PY 2024

22705 SAVI RANCH PKWY. SUITE 200 - YORBA LINDA, CA 92887714-221-5008ixitech.comLinkedIn11-50 employeesdefense & space

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.7M

+20.8% from 2023

Total participants

-2.0% from 2023

Average account balance

$181,468

+25.8% from 2023

Annual return

12.85%

-3.40 pp from 2023

Benchmarks

See 14,164 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,164 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$8.71M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$181K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$658K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.85%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$2519

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$121K

$3778 / participant

Other / not subdivided$121K100.0%

% of EOY assets

1.388%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$181,468

$86,938+108.7%

$102,423+77.2%

$80,925+124.2%

Participation rate

96.9%

72.4%+24.5pp

76.5%+20.4pp

67.7%+29.2pp

Annual return

12.85%

18.89%-6.0pp

29.42%-16.6pp

35.65%-22.8pp

Employer contribution / active EE

$8,185

$2,369+245.5%

$3,023+170.7%

$2,756+196.9%

Participant deferral / active EE

$12,369

$4,120+200.2%

$5,054+144.7%

$4,299+187.8%

Admin fee / account holder

$2,519

$8,053-68.7%

$9,455-73.4%

$6,940-63.7%

IXI TECHNOLOGY INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IXI TECHNOLOGY INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion