Plan Snapshot
- Plan Sponsor: Ascension Industries, INC.
- Sponsor EIN: 161597222
- Sponsor Address: 1254 ERIE AVE, N. TONAWANDA, NY, 141203036
- Plan Type: 401(k)
- Total Participants: 53
- Total Assets: $7.8M
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 | 53 | $7.8M | $44,712 | $243,566 |
| 2023 | 49 | $8.4M | $74,391 | $260,870 |
| 2022 | 54 | $7.3M | $87,645 | $295,816 |
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 |
|---|---|---|---|---|
| JEFFREY L. OFFHAUS CPA, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JEFFREY L. OFFHAUS CPA, LLC — 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 | $1,901,295 | — | $23,202 | — | — |
| 2023 | $590,295 | — | $26,289 | — | — |
| 2022 | $29,150 | $20,569 | $1,431 | — | $7,150 |