Plan Snapshot
- Plan Sponsor: Adept Fasteners, INC.
- Sponsor EIN: 200521369
- Sponsor Address: 27949 HANCOCK PARKWAY, VALENCIA, CA, 91355
- Plan Type: 401(k)
- Total Participants: 277
- Total Assets: $32.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 277 | $32.1M | $742,556 | $1.8M |
| 2023 | 238 | $26.2M | $633,541 | $1.5M |
| 2022 | 214 | $20.6M | $564,154 | $1.4M |
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 |
|---|---|---|---|---|
| BPM LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BPM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $36,349 | — | $36,349 | — | — |
| 2023 | $33,318 | — | $33,318 | — | — |
| 2022 | $28,395 | — | $28,395 | — | — |