Plan Snapshot
- Plan Sponsor: Aisan Industries Kentucky
- Sponsor EIN: 352201214
- Sponsor Address: 65 CLARENCE DRIVE, MOUNT STERLING, KY, 40353
- Plan Type: 401(k)
- Total Participants: 483
- Total Assets: $10.3M
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 | 483 | $10.3M | $370,834 | $683,234 |
| 2023 | 421 | $9.2M | $359,841 | $582,022 |
| 2022 | 374 | $7.7M | $243,544 | $567,485 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $32,924 | — | $32,924 |
| KEYSTONE FINANCIAL GROUP, LLC | Investment Advisor | $27,892 | — | $27,892 |
| BENEFITS ADMINISTRATORS, LLC | Recordkeeper | $6,064 | — | $6,064 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
- KEYSTONE FINANCIAL GROUP, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,880
- Estimated Expense Ratio: 0.648% 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 | $66,880 | $27,892 | $6,064 | — | — |
| 2023 | $58,307 | $24,463 | $5,651 | — | — |
| 2022 | $56,831 | — | $56,831 | — | — |