Plan Snapshot
- Plan Sponsor: Art Supply Enterprises, INC.
- Sponsor EIN: 941152693
- Sponsor Address: PO BOX 195, WILMINGTON, DE, 19899
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 188 | $19.5M | $485,466 | $814,069 |
| 2023 | 203 | $17.4M | $495,711 | $798,823 |
| 2022 | 178 | $14.6M | $477,119 | $755,709 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $41,742 | — | $41,742 |
| TWO WEST CAPITAL ADVISORS LLC | Investment Advisor | $36,057 | $13 | $36,070 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,812
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 |
|---|---|---|---|---|---|
| 2025 | $21,182,666 | $30,901 | $31,255 | — | — |
| 2024 | $77,805 | $36,063 | $41,742 | — | — |
| 2023 | $68,235 | $33,988 | $34,247 | — | — |
| 2022 | $60,841 | $20,249 | $40,592 | — | — |