2023 Form 5500 filing — Asea 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014144013NAL0015124179001) for Asea 401(K) Plan, reported by Asea, LLC under EIN 26-0871950 and plan number 001. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014144013NAL0015124179001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Asea, LLC
- EIN
- 26-0871950
- Plan number
- 001
- Location
- Pleasant Grove, UT
- Participants
- 280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,413,704
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,413,704
- Employer contributions
- $415,854
- Participant contributions
- $705,976
- Total income / additions
- $2,816,815
- Benefits paid
- $907,820
- Administrative expenses
- $64,928
- Total expenses
- $972,748
- Net increase / (decrease)
- $1,844,067
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | RECORDKEEPER | $56,992 | $44 |
| Mml Insurance Agency, LLC | ADVISOR | $0 | $25,152 |
| Leafhouse Financial Advisors LLC | ADVISOR | $4,311 | not reported in the loaded dataset |
| National Benefit Services LLC | TPA | $3,625 | not reported in the loaded dataset |