Ascendtek, LLC 401(K)Plan — Form 5500 plan (Ascendtek, 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, Ascendtek, LLC 401(K)Plan is a benefit plan reported by Ascendtek, LLC under EIN 38-4122377 and plan number 003. The latest loaded filing year is 2023. The filing reports 333 participants and $5,279,513 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ascendtek, LLC
EIN
38-4122377
Plan number
003
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
333
End-of-year plan assets
$5,279,513

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023333H, C20241011071217NAL0012244819001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,279,513
Total liabilities (EOY)
$0
Net assets (EOY)
$5,279,513
Net assets (BOY)
$3,998,922

Income & contributions

Employer contributions
$303,983
Participant contributions
$622,890
Total contributions
$926,873
Total income / additions
$1,670,925

Expenses & distributions

Benefits paid
$351,831
Administrative expenses
$38,503
Total expenses
$390,334
Net increase / (decrease)
$1,280,591

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wells Fargo Advisors LLCINVESTMENT ADVISOR$25,103not reported in the loaded dataset2023
Capital Group Retirement Plan ServiRECORDKEEPER$13,951$02023
Altigro Pension Services IncCONTRACT ADMIN$6,700not reported in the loaded dataset2023

Related Form 5500 pages