Plan Snapshot
- Plan Sponsor: Ascent Global, INC. D/B/A Ascent Solutions
- Sponsor EIN: 874134999
- Sponsor Address: 323 WASHINGTON AVENUE NORTH SUITE 4, MINNEAPOLIS, MN, 55401
- Plan Type: 401(k)
- Total Participants: 54
- Total Assets: $3.7M
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 | 54 | $3.7M | $123,251 | $472,308 |
| 2023 | 75 | $4.1M | $183,898 | $715,754 |
| 2022 | 135 | $3.4M | $244,342 | $945,830 |
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 |
|---|---|---|---|---|
| JOHN A KNUTSON & COMPANY | Auditor | $14,000 | — | $14,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN A KNUTSON & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,000
- Estimated Expense Ratio: 0.379% 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 | $52,750 | $17,408 | — | $14,000 | — |
| 2023 | $37,823 | $17,192 | — | — | — |
| 2022 | — | — | — | — | — |