Plan Snapshot
- Plan Sponsor: Ascom Us, INC.
- Sponsor EIN: 522228503
- Sponsor Address: 300 PERIMETER PARK DR, STE D, MORRISVILLE, NC, 27560
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $25.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 173 | $25.8M | $827,927 | $1.8M |
| 2023 | 179 | $21.1M | $778,298 | $1.7M |
| 2022 | 174 | $18.2M | $699,556 | $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 |
|---|---|---|---|---|
| WILLIAMS OVERMAN PIERCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIAMS OVERMAN PIERCE — 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 | $94,261 | $57,496 | $12,470 | — | — |
| 2023 | $85,051 | $47,948 | $15,636 | — | — |
| 2022 | $77,309 | $45,802 | $30,374 | — | — |