# Baim Institute For Clinical Research, INC. 401(k) Plan
Source: https://planprovider.pro/companies/baim-institute-for-clinical-research-inc-401k-plan

> Baim Institute For Clinical Research, INC.'s 401(k) plan: 72 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Baim Institute For Clinical Research, INC.

- **Sponsor EIN:** 043521077

- **Sponsor Address:** 930 COMMONWEALTH AVENUE, BOSTON, MA, 02215

- **Plan Type:** 401(k)

- **Total Participants:** 72

- **Total Assets:** $17.6M

## 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|72|$17.6M|$234,149|$795,530|

| 2023|74|$16.5M|$233,047|$764,251|

| 2022|65|$15.3M|$165,856|$665,653|

## 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|

| AAFCPAS, INC.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$32,771|$20,166|—|—|—|

| 2023|$28,882|$18,256|—|—|—|

| 2022|$35,043|$268|—|—|—|

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