Plan Snapshot
- Plan Sponsor: Assa Abloy Incorporated
- Sponsor EIN: 930925319
- Sponsor Address: 110 SARGENT DRIVE, NEW HAVEN, CT, 06511
- Plan Type: 401(k)
- Total Participants: 14,342
- Total Assets: $1.3B
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 | 14,342 | $1.3B | $39.3M | $60.7M |
| 2023 | 12,400 | $1.1B | $34.2M | $52.4M |
| 2022 | 10,160 | $831.1M | $26.7M | $41.2M |
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 |
|---|---|---|---|---|
| COHNREZNICK 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 | $770,469 | $319,191 | $5,100 | — | — |
| 2023 | $499,988 | $286,326 | $300 | — | — |
| 2022 | $263,464 | $327,954 | -$97,448 | — | $32,958 |