Plan Snapshot
- Plan Sponsor: Affordable Engineering Services, INC.
- Sponsor EIN: 593812042
- Sponsor Address: 1455 FRAZEE RD, SAN DIEGO, CA, 92108
- Plan Type: DC
- Total Participants: 410
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 410 | $15.9M | $505,472 | $1.4M |
| 2023 | 313 | $13.2M | $462,369 | $1.3M |
| 2022 | 348 | $11.6M | $549,140 | $1.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $74,766 | — | $74,766 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $34,340 | — | $34,340 |
| JAMES MILLER CPA PC | AUDITOR | $10,750 | — | $10,750 |
| ECONOMIC GROUP PENSION | CONTRACT ADMIN | $6,927 | — | $6,927 |
| JAMES MILLER, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,783
- Estimated Expense Ratio: 0.799% 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 | $131,578 | — | $131,578 | — | — |
| 2023 | $107,841 | $107,841 | — | — | — |
| 2022 | $116,012 | — | $116,012 | — | — |