Plan Snapshot
- Plan Sponsor: Applied Engineering Solutions, INC.
- Sponsor EIN: 571069096
- Sponsor Address: 250 COMMONWEALTH DRIVE, SUITE 200, GREENVILLE, SC, 29615
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $19.4M
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 | 112 | $19.4M | $370,291 | $1.1M |
| 2023 | 106 | $18.4M | $1.1M | $354,718 |
| 2022 | 109 | $15.0M | $353,108 | $1.0M |
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 |
|---|---|---|---|---|
| SMITH LEONARD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD PLLC — 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 | $66,977 | $33,624 | $33,104 | — | — |
| 2023 | $54,032 | — | — | — | — |
| 2022 | $5,269 | — | — | — | — |