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Original filing (PDF)20250731100839NAL0005097569001
XWELL
Form 5500
FILING_RECEIVED
XWELL 401(K) RETIREMENT PLAN
401(k) retirement plan
Signals · 1
~88 bps in Sched C fees
Active participants
267
Accounts w/ balance
258
Plan assets (EOY)
$4.5M
Net assets (EOY)
$4.5M
How this plan invests
This plan
19 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 88 bps in Schedule C fees — 69% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for XWELL.
Plan sponsor
Name
XWELL
EIN
20-4988129
Address
254 WEST 31ST STREET · 11TH FLOOR · NEW YORK, NY · 10001
Phone
(646) 607-9993
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-31
Pension benefit codes
2E · Profit-sharing
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
CBIZ CPAS P.C
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | RECORDKEEPER, INVESTMENT | $22K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES | — | NEW YORK, NY | CONTRACT ADMIN | $18K | — |
Investments
19 direct securities· $4.5M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| EMPOWER LIFE FIDELITY FREEDOM INDEX 2045 IN | — | — | — | $776K | 17.2% | |
| EMPOWER LIFE FIDELITY US BOND INDEX | — | — | — | $670K | 14.9% | |
| EMPOWER LIFE FIDELITY INTERNATIONAL INDEX | — | — | — | $471K | 10.4% | |
| EMPOWER LIFE FIDELITY FREEDOM INDEX 2050 IN | — | — | — | $389K | 8.6% | |
| EMPOWER LIFE FIDELITY FREEDOM INDEX 2055 IN | — | — | — | $285K | 6.3% | |
| EMPOWER LIFE FIDELITY FREEDOM INDEX 2040 IN | — | — | — | $283K | 6.3% | |
| EMPOWER LIFE FIDELITY 500 INDEX | — | — | — | $254K | 5.6% | |
| EMPOWER LIFE AMERICAN FUNDS AMERICAN MUTUAL 0 | — | — | — | $239K | 5.3% | |
| EMPOWER LIFE FIDELITY MID CAP INDEX | — | — | — | $231K | 5.1% | |
| EMPOWER LIFE FIDELITY LARGE CAP GROWTH INDE | — | — | — | $197K | 4.4% | |
| EMPOWER LIFE FIDELITY FREEDOM INDEX 2060 IN | — | — | — | $190K | 4.2% | |
| EMPOWER LIFE FIDELITY SMALL CAP INDEX | — | — | — | $173K | 3.8% | |
| EMPOWER LIFE EI FIXED ACCOUNT - SERIES CLAS | — | — | — | $146K | 3.2% | |
| EMPOWER LIFE GEORGE PUTNAM BALANCED R6 | — | — | — | $75K | 1.7% | |
| EMPOWER LIFE PARTICIPANT'S LOAN | — | — | — | $45K | 1.0% | |
| EMPOWER LIFE ALLSPRING SPECIAL MID CAP VALU | — | — | — | $31K | 0.7% | |
| EMPOWER LIFE BLACKROCK HIGH YIELD BOND PORT | — | — | — | $30K | 0.7% | |
| EMPOWER LIFE FIDELITY FREEDOM INDEX 2065 IN | — | — | — | $15K | 0.3% | |
| EMPOWER LIFE FIDELITY FREEDOM INDEX 2035 IN | — | — | — | $10K | 0.2% |
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