Plan Snapshot
- Plan Sponsor: Apderm Management, LLC.
- Sponsor EIN: 822649012
- Sponsor Address: 526 MAIN STREET, ACTON, MA, 01720
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 935
- Total Assets: $50.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 935 | $50.9M | $0 | $0 |
| 2024 | 763 | $39.3M | $1.5M | $3.5M |
| 2023 | 654 | $30.8M | $1.2M | $3.0M |
| 2022 | 621 | $24.5M | $1.0M | $2.6M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $80,330 | — | $80,330 |
| THAYER PARTNERS LLC | Investment Advisor | $30,000 | — | $30,000 |
| KAHN LITWIN RENZA & CO LTD | Auditor | $15,266 | — | $15,266 |
| COMPASS 360, LLC | Recordkeeper | $13,586 | $32 | $13,618 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,214
- Estimated Expense Ratio: 0.274% 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 | $3,374,374 | — | $121,518 | — | — |
| 2024 | $117,685 | — | — | — | — |
| 2023 | $87,509 | — | $87,509 | — | — |
| 2022 | $93,784 | — | — | — | $93,784 |