Plan Snapshot
- Plan Sponsor: Asi Acquisition LLC D/B/A Acoustical Sheetmetal Co.
- Sponsor EIN: 833041028
- Sponsor Address: 2600 PRODUCTION RD, VIRGINIA BEACH, VA, 234545254
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $7.0M
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 | 324 | $7.0M | $595,489 | $1.0M |
| 2023 | 271 | $5.5M | $359,300 | $696,356 |
| 2022 | 198 | $4.1M | $297,150 | $601,411 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
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 | $21,941 | $14,880 | — | — | — |
| 2023 | $15,948 | $13,155 | — | — | — |
| 2022 | $15,202 | — | $15,202 | — | — |