Plan Snapshot
- Plan Sponsor: Ascend Technologies, LLC
- Sponsor EIN: 843811689
- Sponsor Address: 200 W. ADAMS, 16TH FLOOR, CHICAGO, IL, 60606
- Plan Type: 401(k)
- Total Participants: 201
- Total Assets: $9.3M
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 | 201 | $9.3M | $407,606 | $1.2M |
| 2023 | 258 | $9.1M | $509,532 | $1.6M |
| 2022 | 285 | $6.8M | $565,429 | $1.6M |
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 |
|---|---|---|---|---|
| THE BENEFIT ADVANTAGE, INC. | THIRD-PARTY ADMINISTRATO | $5,600 | $4,563 | $10,163 |
| MOWERY & SCHOENFELD, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MOWERY & SCHOENFELD, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,163
- Estimated Expense Ratio: 0.109% 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 | $67,731 | — | — | — | — |
| 2023 | $59,976 | $1,134 | $9,331 | — | — |
| 2022 | $37,648 | — | $37,648 | — | — |