Plan Snapshot
- Plan Sponsor: Allen & Gerritsen, INC.
- Sponsor EIN: 042961198
- Sponsor Address: 125 HIGH STREET, BOSTON, MA, 02110
- Plan Type: 401(k)
- Total Participants: 56
- Total Assets: $15.2M
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 | 56 | $15.2M | $142,739 | $645,313 |
| 2023 | 70 | $14.9M | $235,961 | $835,460 |
| 2022 | 93 | $12.3M | $246,608 | $776,912 |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS LLC | Recordkeeper | $33,742 | — | $33,742 |
| JOHN HANCOCK | Recordkeeper | $19,142 | — | $19,142 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — Recordkeeper
- JOHN HANCOCK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,884
- Estimated Expense Ratio: 0.347% 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 | $52,884 | $34,897 | $17,987 | — | — |
| 2023 | $89,986 | $54,360 | $15,551 | $20,075 | — |
| 2022 | $58,023 | $28,065 | $29,958 | — | — |