Plan Snapshot
- Plan Sponsor: Assurance Technology Corporation
- Sponsor EIN: 042765216
- Sponsor Address: 84 SOUTH STREET, CARLISLE, MA, 01741
- Plan Type: 401(k)
- Total Participants: 330
- Total Assets: $68.2M
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 | 330 | $68.2M | $813,707 | $2.4M |
| 2023 | 340 | $65.1M | $798,108 | $2.4M |
| 2022 | 326 | $60.0M | $862,146 | $2.3M |
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 |
|---|---|---|---|---|
| LITMAN GERSON ASSOCIATES, LLP | Auditor | $6,423 | — | $6,423 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,423
- Estimated Expense Ratio: 0.009% 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 | $95,218 | $47,536 | $41,259 | $6,423 | — |
| 2023 | $36,724 | $46,503 | $8,263 | $16,500 | — |
| 2022 | $14,955 | $47,735 | $5,798 | — | — |