Asea 401(K) Plan — Form 5500 plan (Asea, LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Asea 401(K) Plan is a benefit plan reported by Asea, LLC under EIN 26-0871950 and plan number 001. The latest loaded filing year is 2023. The filing reports 280 participants and $9,413,704 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Asea, LLC
- EIN
- 26-0871950
- Plan number
- 001
- Plan type
- 2
- Location
- Pleasant Grove, UT
- Latest filing year
- 2023
- Participants
- 280
- End-of-year plan assets
- $9,413,704
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 280 | H, C | 20241014144013NAL0015124179001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,413,704
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,413,704
- Net assets (BOY)
- $7,569,637
Income & contributions
- Employer contributions
- $415,854
- Participant contributions
- $705,976
- Total contributions
- $1,487,222
- Total income / additions
- $2,816,815
Expenses & distributions
- Benefits paid
- $907,820
- Administrative expenses
- $64,928
- Total expenses
- $972,748
- Net increase / (decrease)
- $1,844,067
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $56,992 | $44 | 2023 |
| Mml Insurance Agency, LLC | ADVISOR | $0 | $25,152 | 2023 |
| Leafhouse Financial Advisors LLC | ADVISOR | $4,311 | not reported in the loaded dataset | 2023 |
| National Benefit Services LLC | TPA | $3,625 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Asea, LLC
- 2023 Form 5500 filing
- Form 5500 filings in UT
- 401(k) and benefit plan filings in Pleasant Grove, UT
- Nationwide — Schedule C compensation
- Mml Insurance Agency, LLC — Schedule C compensation
- Leafhouse Financial Advisors LLC — Schedule C compensation
- National Benefit Services LLC — Schedule C compensation