Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Xcel Brands
Xcel Brands 401(k)
- XELB Nasdaq
- Finance and insurance
- New York, NY
- EIN 76-0307819
- 1 plan with Schedule H financials
- Plan year 2024
- Xcel Brands, Inc.
- SEC registrant XCel Brands, Inc.
Administrative expenses excluding investment management, per participant · Xcel Brands, Inc. 401(k) Savings Plan · plan year 2024
$126.13
Higher than 58% of the 14,713 plans $1 to 10M that report it.
Source
= $10,847 / 86
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015112718NAL0004711409001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015112718NAL0004711409001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $1 to 10M 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 2025-10-15.
Cost and contributions
Administrative expenses per participant
$299.78
Higher than 82% of the 15,210 plans $1 to 10M that report it.
Source
= $25,781 / 86
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015112718NAL0004711409001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015112718NAL0004711409001, received 2025-10-15
Administrative expenses as a share of assets
0.673%
Higher than 65% of the 15,243 plans $1 to 10M that report it.
Source
= $25,781 / $3,832,000
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015112718NAL0004711409001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015112718NAL0004711409001, received 2025-10-15
Employer contributions per participant
$0
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 86
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015112718NAL0004711409001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015112718NAL0004711409001, received 2025-10-15
Employer share of total contributions
0.0%
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / $176,402
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015112718NAL0004711409001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015112718NAL0004711409001, received 2025-10-15
Plan terms, as stated in Xcel Brands, Inc.'s SEC filings
Plan terms are described in Xcel Brands, Inc.'s SEC filings: Form 10-K filed 2026-04-15. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015112718NAL0004711409001, received 2025-10-15
Full record, Xcel Brands, Inc. 401(k) Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | XCEL BRANDS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Plan name | XCEL BRANDS, INC. 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Sponsor EIN / plan number | 76-0307819 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Industry (business code) | 525990, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Participants, beginning of year | 181 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Active participants | 23 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Participants, end of year | 92 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Participants with an account balance | 86 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Total assets, beginning of year | $3,617,204 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Total assets, end of year | $3,832,000 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Net assets, end of year | $3,832,000 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Total income | $646,763 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Net income | $214,796 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Employer contributions | $0 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Participant contributions | $176,402 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Total contributions | $176,402 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Benefit payments | $406,186 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $431,967 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Total administrative expenses | $25,781 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Contract administrator fees | $10,847 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Investment advisory and management fees | $14,934 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Administrative expenses excluding investment management | $10,847 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Held in common/collective trusts | $90,382 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015112718NAL0004711409001, received 2025-10-15 |
| Independent auditor | LILLING & COMPANY, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015112718NAL0004711409001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015112718NAL0004711409001, received 2025-10-15.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ALLIANT RETIREMENT SERVICES | RIA | 26 Investment advisory (participants) | $14,934 | yes |
| JOHN HANCOCK LIC OF NEW YORKrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 28 Investment management; 60 Sub-transfer agency fees; 62 Float revenue; 63 Distribution (12b-1) fees; 68 Soft dollars commissions | $10,847 | 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 20251015112718NAL0004711409001, received 2025-10-15.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,617,204 | $3,832,000 | 5.9% |
| Participants with a balance | 174 | 86 | -50.6% |
| Administrative expenses | $16,404 | $25,781 | 57.2% |
| Recordkeeping fees per participant | $6.19 | not reported | |
| Employer contributions | $0 | $0 |
Prior filing 20241015123917NAL0028448241001, received 2024-10-15; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: XCEL BRANDS, INC.; SEC registrant: XCel Brands, Inc. (CIK 1083220, matched by EIN; display name from the Form 10-K cover).