Innovative Xcessories & Services 401(k) match, vesting and fees
What Innovative Xcessories & Services' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Freed Maxick Cpas P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2023 medians for 249 defined-contribution plans in other services with 1,000 to 4,999 participants.
| Innovative Xcessories & Services: employer contribution per participant | $1,348 | |
| Peer median | $1,506 |
| Innovative Xcessories & Services: average balance | $10,988 | |
| Peer median | $39,855 |
| Innovative Xcessories & Services: admin expenses ÷ assets | 0.64% | |
| Peer median | 0.24% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $8.8M at the end of plan year 2021 to $20.8M at the end of plan year 2023.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2023 | 2,202 | $20.8M | $2.6M | $1,348 | 0.64% | Not published | Form 5500 ↗ |
| 2022 | 1,697 | $9.5M | $2M | $1,235 | 1.00% | Not published | Form 5500 ↗ |
| 2021 | 1,780 | $8.8M | $1.8M | $1,023 | 1.40% | Not published | Form 5500 ↗ |
Common questions
Does Innovative Xcessories & Services match 401(k) contributions?
The match terms for the Innovative Xcessories & Services, LLC 401(k) Plan have not been published from its filing yet. The plan year 2023 filing reports $2.6M in employer contributions, about $1,348 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Innovative Xcessories & Services 401(k) match vested?
The vesting schedule for the Innovative Xcessories & Services, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Innovative Xcessories & Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is ADP, Inc.. The plan administrator is Innovative Xcessories & Services, LLC.
I left Innovative Xcessories & Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Innovative Xcessories & Services, LLC, (440) 306-9034) or the recordkeeper, ADP, Inc.. The Innovative Xcessories & Services old 401(k) page lists the contacts from every plan filing. Find an old Innovative Xcessories & Services 401(k)
Data from the public Form 5500 annual reports Innovative Xcessories & Services filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Innovative Xcessories & Services. Not financial advice. Report a correction · Methodology