Plan Snapshot
- Plan Sponsor: Absolute Security International, INC.
- Sponsor EIN: 263437797
- Sponsor Address: 5155 IRWINDALE AVENUE, IRWINDALE, CA, 91731
- Plan Type: 401(k)
- Total Participants: 502
- Total Assets: $650,842
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 502 | $650,842 | $34,452 | $154,848 |
| 2023 | 256 | $446,936 | $43,408 | $110,054 |
| 2022 | 278 | $297,830 | $60,013 | $113,835 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BAS PARTNERS, LLC | Auditor | $15,179 | — | $15,179 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAS PARTNERS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,179
- Estimated Expense Ratio: 2.332% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $28,344 | — | — | $15,179 | — |
| 2023 | $17,955 | — | — | — | — |
| 2022 | $7,233 | — | $7,233 | — | — |