Plan Ledger DOL Form 5500 · updated monthly

Asa Electronics, LLC401(k)

ASA ELECTRONICS, LLC 401(K) PROFIT SHARING PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.11%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Asa Electronics, LLC reported $26,063 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,798 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 479th-largest of 1,562 plans among Indiana employers on file, and the 1,550th of 4,246 in wholesale trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 101 to 87 since 2022.

Plan summary
Net assets, end of year$25,584,953
Participants with balances114
Active participants87
Employer contributions$417,465
Employee contributions$724,553
Employer contribution per active participant$4,798
Average account balance$224,429
Benefits paid to participants$1,365,544
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 114 accts · $417K emplr
2023$23.2M · 120 accts · $455K emplr
2022$18.8M · 123 accts · $433K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,063
Total administrative$26,063
The Asa Electronics, LLC 401(k) match · 2024
Employer contribution per active participant$4,798
Median for plans this size$2,416
2024$4,798 per active participant
2023$4,896 per active participant
2022$4,285 per active participant

Asa Electronics, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,063

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$26,063 · 0.11%
2023$11,743 · 0.06%
2022$10,729 · 0.06%
Same employer
Similar plansWholesale Trade · Indiana
Nachi America, Inc. IN$32.8M · 0.04%
Linc Acquisition Co. IN$30.7M · 0.33%
Horner Electric Inc. IN$28.6M · 0.01%
Polywood IN$25.0M · 0.80%
Lasalle Bristol, L.P. IN$24.1M · 0.19%
Bell Industries, Inc. IN$23.3M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351844572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.