Plan Snapshot
- Plan Sponsor: Advocates For Human Potential, INC.
- Sponsor EIN: 042909410
- Sponsor Address: 490B BOSTON POST ROAD, SUDBURY, MA, 01776
- Plan Type: 401(k)
- Total Participants: 325
- Total Assets: $20.5M
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 | 325 | $20.5M | $766,715 | $2.4M |
| 2023 | 315 | $19.5M | $623,615 | $2.1M |
| 2022 | 196 | $16.9M | $335,331 | $1.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $45,153 | — | $45,153 |
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $15,000 | — | $15,000 |
| QRGA, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- QRGA, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,153
- Estimated Expense Ratio: 0.293% 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 | $55,669 | $15,000 | $3,375 | — | — |
| 2023 | $54,583 | $15,000 | $1,425 | — | — |
| 2022 | $62,052 | $15,000 | $47,052 | — | — |