Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Simplex Investments
Simplex Investments 401(k)
- Finance and insurance
- Chicago, IL
- EIN 36-4519916
- 1 plan with Schedule H financials
- Plan year 2024
- Simplex Investments, LLC
Administrative expenses excluding investment management, per participant · Simplex Investments, LLC 401(k) Plan · plan year 2024
$8.11
Higher than 4% of the 24,371 plans $10 to 50M that report it.
Source
= $1,540 / 190
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008120226NAL0005810497001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008120226NAL0005810497001, received 2025-10-08
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-08.
Cost and contributions
Administrative expenses per participant
$8.11
Higher than 3% of the 25,098 plans $10 to 50M that report it.
Source
= $1,540 / 190
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008120226NAL0005810497001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008120226NAL0005810497001, received 2025-10-08
Administrative expenses as a share of assets
0.004%
Higher than 1% of the 25,132 plans $10 to 50M that report it.
Source
= $1,540 / $42,997,395
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008120226NAL0005810497001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008120226NAL0005810497001, received 2025-10-08
Employer contributions per participant
$5,839
Higher than 94% of the 24,050 plans $10 to 50M that report it.
Source
= $1,109,348 / 190
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008120226NAL0005810497001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008120226NAL0005810497001, received 2025-10-08
Employer share of total contributions
30.2%
Higher than 59% of the 24,084 plans $10 to 50M that report it.
Source
= $1,109,348 / $3,672,616
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008120226NAL0005810497001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008120226NAL0005810497001, received 2025-10-08
Plan terms, as stated in Simplex Investments, LLC's SEC filings
Plan terms are not published in public filings.
Plan features
2S pre-approved plan document · 2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2T default investment (QDIA) · 3B · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008120226NAL0005810497001, received 2025-10-08
Full record, Simplex Investments, LLC 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SIMPLEX INVESTMENTS, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Plan name | SIMPLEX INVESTMENTS, LLC 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Sponsor EIN / plan number | 36-4519916 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Sponsor location | CHICAGO, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Industry (business code) | 523120, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Filing received | 2025-10-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Participants, beginning of year | 181 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Active participants | 109 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Participants, end of year | 192 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Participants with an account balance | 190 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Total assets, beginning of year | $35,340,379 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Total assets, end of year | $42,997,395 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Net assets, end of year | $42,997,395 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Total income | $9,071,654 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Net income | $7,657,016 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Employer contributions | $1,109,348 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Participant contributions | $2,264,370 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Other contributions (incl. rollovers) | $298,898 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Total contributions | $3,672,616 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Benefit payments | $1,413,098 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Total expenses (incl. benefit payments) | $1,414,638 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Total administrative expenses | $1,540 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Contract administrator fees | $1,540 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Administrative expenses excluding investment management | $1,540 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Held in mutual funds | $40,880,293 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008120226NAL0005810497001, received 2025-10-08 |
| Independent auditor | SMITH & HOWARD, PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008120226NAL0005810497001, received 2025-10-08 |
Position = column in the DOL layout for form year 2024. Filing 20251008120226NAL0005810497001, received 2025-10-08.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 99 Other fees; 50 Direct payment from the plan; 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 68 Soft dollars commissions | $1,540 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251008120226NAL0005810497001, received 2025-10-08.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $35,340,379 | $42,997,395 | 21.7% |
| Participants with a balance | 178 | 190 | 6.7% |
| Administrative expenses | $1,350 | $1,540 | 14.1% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,067,135 | $1,109,348 | 4.0% |
Prior filing 20241002133703NAL0014406608001, received 2024-10-02; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: SIMPLEX INVESTMENTS, LLC; SEC registrant: Simplex Investments, LLC (CIK 1464302, matched by EIN).