Plan Snapshot
- Plan Sponsor: Access Cig
- Sponsor EIN: 200673169
- Sponsor Address: 4 FIRST AVENUE, PEABODY, MA, 01960
- Plan Type: 401(k)
- Total Participants: 1,307
- Total Assets: $66.6M
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 | 1,307 | $66.6M | $2.7M | $6.5M |
| 2023 | 1,285 | $54.5M | $6.2M | $2.6M |
| 2022 | 1,300 | $41.4M | $2.5M | $5.9M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — Auditor
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 | $225,998 | $87,522 | — | — | — |
| 2023 | $205,746 | $75,833 | — | — | — |
| 2022 | $187,414 | $70,953 | $116,461 | — | — |