Plan Snapshot
- Plan Sponsor: Asmpt Smt Usa, LLC
- Sponsor EIN: 800237825
- Sponsor Address: 900 MIDDLESEX TURNPIKE, BLDG. 6, BILLERICA, MA, 01821
- Plan Type: 401(k)
- Total Participants: 395
- Total Assets: $47.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 395 | $47.3M | $1.6M | $3.9M |
| 2023 | 371 | $41.8M | $1.1M | $4.0M |
| 2022 | 305 | $36.1M | $1.1M | $3.6M |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR / INVESTMENT MGMT | $77,432 | — | $77,432 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $24,158 | — | $24,158 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,590
- Estimated Expense Ratio: 0.215% 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 | $146,064 | $77,432 | $44,474 | — | — |
| 2023 | $83,872 | $66,434 | — | — | — |
| 2022 | $59,564 | — | $59,564 | — | — |