Plan Snapshot
- Plan Sponsor: Asea, LLC
- Sponsor EIN: 260871950
- Sponsor Address: 1488 WEST PLEASANT VIEW DRIVE, PLEASANT GROVE, UT, 84062
- Plan Type: 401(k)
- Total Participants: 195
- Total Assets: $11.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 195 | $11.4M | $458,338 | $795,593 |
| 2023 | 209 | $9.4M | $415,854 | $705,976 |
| 2022 | 176 | $7.6M | $475,599 | $802,774 |
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 |
|---|---|---|---|---|
| SQUIRE & COMPANY, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SQUIRE & COMPANY, PC — 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 | $8,784 | — | $8,784 | — | — |
| 2023 | $64,928 | $64,928 | — | — | — |
| 2022 | $58,815 | $58,815 | — | — | — |