Plan Snapshot
- Plan Sponsor: Leonardo Electronics Us INC.
- Sponsor EIN: 412163692
- Sponsor Address: 7775 NORTH CASA GRANDE HWY., TUSCON, AZ, 85743
- Plan Type: 401(k)
- Total Participants: 244
- Total Assets: $49.9M
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 | 244 | $49.9M | $2.6M | $2.8M |
| 2023 | 255 | $44.4M | $2.5M | $2.6M |
| 2022 | 310 | $36.2M | $3.4M | $2.6M |
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 |
|---|---|---|---|---|
| JANNEY MONTGOMERY SCOTT LLC | ADVISOR | $88,493 | — | $88,493 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $38,054 | — | $38,054 |
| LUDWIG KLEWER & RUDNER PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JANNEY MONTGOMERY SCOTT LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- LUDWIG KLEWER & RUDNER PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,547
- Estimated Expense Ratio: 0.253% 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 | $126,547 | $88,493 | — | — | — |
| 2023 | $105,961 | $74,408 | — | — | — |
| 2022 | $102,059 | — | — | — | — |