Plan Snapshot
- Plan Sponsor: Asensus Surgical Us INC.
- Sponsor EIN: 205702117
- Sponsor Address: 1 TW ALEXANDER DR, SUITE 160, DURHAM, NC, 277037035
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 116 | $9.0M | $510,871 | $1.1M |
| 2023 | 119 | $7.1M | $468,463 | $1.0M |
| 2022 | 103 | $4.8M | $372,388 | $835,820 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $61,660 | — | $61,660 |
| COMPERIO RETIREMENT CONSULTING, INC | Investment Advisor | — | $27,870 | $27,870 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,530
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 |
|---|---|---|---|---|---|
| 2025 | $857,539 | — | $29,034 | — | — |
| 2024 | $61,660 | — | $61,660 | — | — |
| 2023 | $44,581 | — | $44,581 | — | — |
| 2022 | $34,137 | — | $34,137 | — | — |