Plan Snapshot
- Plan Sponsor: Neudesic, LLC
- Sponsor EIN: 421528382
- Sponsor Address: 200 SPECTRUM CENTER DRIVE, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 612
- Total Assets: $54.0M
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 | 612 | $54.0M | $1,067 | $7.4M |
| 2023 | 685 | $45.5M | $1.8M | $7.1M |
| 2022 | 664 | $35.3M | $794,495 | $5.7M |
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 |
|---|---|---|---|---|
| INDEPENDENT CAPITAL | ADVISOR | $99,165 | — | $99,165 |
| JOHN HANCOCK USA | RECORDKEEPER | — | $79,332 | $79,332 |
| ASCENSUS | TPA | $10,050 | — | $10,050 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK USA — RECORDKEEPER
- ASCENSUS — TPA
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $188,547
- Estimated Expense Ratio: 0.349% 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 | $207,027 | — | $207,027 | — | — |
| 2023 | $173,694 | — | $173,694 | — | — |
| 2022 | $154,058 | $154,058 | — | — | — |