Plan Snapshot
- Plan Sponsor: Aware, INC.
- Sponsor EIN: 042911026
- Sponsor Address: 40 MIDDLESEX TURNPIKE, BEDFORD, MA, 017301432
- Plan Type: 401(k)
- Total Participants: 66
- Total Assets: $31.2M
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 | 66 | $31.2M | $331,349 | $1.1M |
| 2023 | 73 | $27.9M | $424,988 | $1.2M |
| 2022 | 82 | $21.9M | $433,007 | $1.2M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | $9,080 | — | $9,080 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,080
- Estimated Expense Ratio: 0.029% 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 | $14,803 | $3,382 | — | $9,080 | — |
| 2023 | $8,209 | $3,381 | — | $4,340 | — |
| 2022 | $14,391 | $2,316 | — | — | — |