Plan Snapshot
- Plan Sponsor: Associated Insurance Management, LLC
- Sponsor EIN: 204036064
- Sponsor Address: P O BOX 4070, BURLINGTON, MA, 018030970
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $49.4M
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 | 165 | $49.4M | $829,844 | $1.6M |
| 2023 | 169 | $42.7M | $787,965 | $1.6M |
| 2022 | 168 | $39.2M | $778,047 | $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 |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL BA | Investment Advisor | $47,417 | — | $47,417 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $45,294 | — | $45,294 |
| ERNST & YOUNG LLP | Auditor | $15,249 | — | $15,249 |
| THE ANGELL PENSION GROUP, INC. | Recordkeeper | $9,907 | — | $9,907 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BA — Investment Advisor
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,867
- Estimated Expense Ratio: 0.239% 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 | $105,160 | — | — | — | — |
| 2023 | $82,555 | — | — | — | — |
| 2022 | $79,104 | — | — | — | — |