Plan Snapshot
- Plan Sponsor: Acton Medical Associates, P.C.
- Sponsor EIN: 043038356
- Sponsor Address: 321 MAIN STREET, ACTON, MA, 01720
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 296
- Total Assets: $44.1M
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. |
|---|---|---|---|---|
| 2025 | 296 | $44.1M | $0 | $0 |
| 2024 | 163 | $37.7M | $425,658 | $1.2M |
| 2023 | 190 | $37.9M | $545,134 | $1.2M |
| 2022 | 190 | $36.6M | $869,256 | $1.2M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SERVIC | Recordkeeper | $33,707 | — | $33,707 |
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | $22,500 | — | $22,500 |
| THE ANGELL PENSION GROUP, INC. | Other Service Provider | $9,086 | — | $9,086 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,293
- Estimated Expense Ratio: 0.148% 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 |
|---|---|---|---|---|---|
| 2025 | $1,245,850 | $22,500 | — | $500 | — |
| 2024 | $120,495 | $18,800 | $12,138 | $11,000 | — |
| 2023 | $142,639 | — | — | — | — |
| 2022 | $143,630 | — | — | — | — |