Plan Snapshot
- Plan Sponsor: Abbott-Action, INC.
- Sponsor EIN: 271453493
- Sponsor Address: 3 VENUS WAY, ATTLEBORO, MA, 02703
- Plan Type: 401(k)
- Total Participants: 142
- Total Assets: $13.6M
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 | 142 | $13.6M | $182,741 | $640,331 |
| 2023 | 157 | $12.3M | $177,277 | $633,806 |
| 2022 | 150 | $10.3M | $203,582 | $626,869 |
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 |
|---|---|---|---|---|
| CHARLAND, MARCIANO AND | 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 | $66,362 | $25,793 | $37,629 | — | — |
| 2023 | $56,840 | — | — | — | — |
| 2022 | $60,612 | — | — | — | — |