Plan Snapshot
- Plan Sponsor: 128 Plumbing & Heating, INC.
- Sponsor EIN: 043215014
- Sponsor Address: 78 FOUNDRY STREET, WAKEFIELD, MA, 01880
- Plan Type: 401(k)
- Total Participants: 183
- Total Assets: $4.6M
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 | 183 | $4.6M | $590,324 | $976,435 |
| 2023 | 168 | $2.6M | $507,168 | $823,125 |
| 2022 | 148 | $1.0M | $376,118 | $583,052 |
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 |
|---|---|---|---|---|
| NEWBURG & COMPANY | Auditor | $2,225 | — | $2,225 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,225
- Estimated Expense Ratio: 0.048% 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 | $2,225 | — | — | $2,225 | — |
| 2023 | $1,937 | — | — | $1,937 | — |
| 2022 | $330 | — | — | — | $330 |