Plan Snapshot
- Plan Sponsor: Asm Research, LLC.
- Sponsor EIN: 541385056
- Sponsor Address: C/O TRUST MANAGEMENT SERVICES, SAN JOSE, CA, 95113
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 456
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 456 | $1.5M | $2.8M | $210,426 |
| 2023 | 284 | $918,791 | $2.6M | $273,008 |
| 2022 | 453 | $825,601 | $3.0M | $277,361 |
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 |
|---|---|---|---|---|
| FCE BENEFIT ADMINSTRATORS, INC | Other Service Provider | $187,822 | $3,653 | $191,475 |
| CIGNA HEALTH AND LIFE INSURANCE CO | Other Service Provider | $79,010 | — | $79,010 |
| RIGGS COUNSELMAN MICHAELS & DOWNES | Other Service Provider | $65,329 | — | $65,329 |
| TRUST MANAGEMENT SERVICES, INC | Other Service Provider | $41,880 | — | $41,880 |
| GLOBAL CARE | Other Service Provider | $31,560 | — | $31,560 |
| CLIFTONLARSONALLEN, LLP | Auditor | $25,619 | — | $25,619 |
| PENFIELD CARE | Other Service Provider | $24,400 | — | $24,400 |
| EMPLOYEE BENEFIT SERVICES OF MARYLA | Recordkeeper | $17,048 | — | $17,048 |
| UNITED WORKER WELLNESS | Other Service Provider | $16,851 | — | $16,851 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN, LLP — Auditor
- EMPLOYEE BENEFIT SERVICES OF MARYLA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $493,172
- Estimated Expense Ratio: 33.475% 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 | $474,000 | — | $377,255 | $25,619 | — |
| 2023 | $446,549 | — | $378,982 | $23,625 | — |
| 2022 | $676,889 | $46,557 | $629,778 | — | — |