Plan Snapshot
- Plan Sponsor: Aspen Therapy, LLC
- Sponsor EIN: 464766867
- Sponsor Address: P.O. BOX 39, GATES MILLS, OH, 44040
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 232
- Total Assets: $3.7M
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. |
|---|---|---|---|---|
| 2023 | 232 | $3.7M | $49,722 | $385,722 |
| 2022 | 216 | $3.1M | $77,823 | $398,169 |
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 |
|---|---|---|---|---|
| ASCENSUS | Recordkeeper | $16,082 | $4 | $16,086 |
| OAKMONT CAPITAL MANAGEMENT | Investment Advisor | $15,827 | — | $15,827 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,913
- Estimated Expense Ratio: 0.871% 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 |
|---|---|---|---|---|---|
| 2023 | $34,049 | $15,827 | $4,150 | — | — |
| 2022 | $22,108 | $16,212 | $5,896 | — | — |