Plan Snapshot
- Plan Sponsor: 3 Phase Elevator Corp.
- Sponsor EIN: 043360900
- Sponsor Address: 60 SHAWMUT RD STE 1, CANTON, MA, 020211410
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $9.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 207 | $9.8M | $685,603 | $1.6M |
| 2023 | 233 | $7.4M | $665,777 | $1.5M |
| 2022 | 168 | $2.5M | $403,850 | $880,629 |
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 |
|---|---|---|---|---|
| COHN REZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $35,354 | — | — | — | — |
| 2023 | $46,365 | — | — | — | — |
| 2022 | $15,792 | — | — | — | — |