Plan Snapshot
- Plan Sponsor: Anchor Insulation Co., INC.
- Sponsor EIN: 050390251
- Sponsor Address: 435 NARRAGANSETT PARK DRIVE, PAWTUCKET, RI, 02861
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $33,915 | $122,991 |
| 2022 | 188 | $3.5M | $168,728 | $676,163 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $19,741 | — | $19,741 |
| CAPITAL WEALTH MANAGEMENT | ADVISOR | $19,255 | — | $19,255 |
| SANSIVERI, KIMBALL & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SANSIVERI, KIMBALL & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,996
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 |
|---|---|---|---|---|---|
| 2023 | $32,608 | $8,678 | $23,026 | — | — |
| 2022 | $40,672 | $19,255 | $19,741 | — | $1,676 |