Plan Snapshot
- Plan Sponsor: Asahi Intecc Usa, INC.
- Sponsor EIN: 510514692
- Sponsor Address: 22 EXECUTIVE PARK STE 110, IRVINE, CA, 92614
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $24.0M
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 | 213 | $24.0M | $1.0M | $2.4M |
| 2023 | 201 | $19.3M | $857,753 | $2.1M |
| 2022 | 164 | $11.7M | $601,592 | $1.5M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | RIA | $117,434 | — | $117,434 |
| JOHN HANCOCK | RECORDKEEPER | $13,831 | — | $13,831 |
| MUN CPAS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- MUN CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,265
- Estimated Expense Ratio: 0.548% 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 | $145,094 | $118,833 | $26,261 | — | — |
| 2023 | $109,339 | $87,100 | $22,239 | — | — |
| 2022 | $86,709 | $68,873 | $17,836 | — | — |