Plan Snapshot
- Plan Sponsor: Asahi/America, INC
- Sponsor EIN: 042621836
- Sponsor Address: 655 ANDOVER STREET, LAWRENCE, MA, 01843
- Plan Type: 401(k)
- Total Participants: 193
- Total Assets: $24.1M
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 | 193 | $24.1M | $892,098 | $1.3M |
| 2023 | 186 | $21.8M | $687,570 | $1.1M |
| 2022 | 193 | $18.5M | $614,344 | $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 |
|---|---|---|---|---|
| CARON AND BLETZER, PLIC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON AND BLETZER, PLIC — 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 | $18,476 | $11,900 | $5,476 | — | — |
| 2023 | $16,438 | $11,200 | $4,488 | — | — |
| 2022 | $15,050 | — | — | — | — |