Plan Snapshot
- Plan Sponsor: Aspida Financial Services, LLC
- Sponsor EIN: 474223933
- Sponsor Address: 2327 ENGLERT DRIVE, DURHAM, NC, 27713
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $14.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 152 | $14.4M | $936,788 | $1.5M |
| 2023 | 128 | $12.2M | $801,660 | $1.4M |
| 2022 | 133 | $12.5M | $792,311 | $1.2M |
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 |
|---|---|---|---|---|
| WILLIAM OVERMAN PIERCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIAM OVERMAN PIERCE LLP — Auditor
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 | $102,415 | $47,227 | — | — | — |
| 2023 | $74,363 | $74,363 | — | — | — |
| 2022 | $102,448 | $102,448 | — | — | — |