Plan Snapshot
- Plan Sponsor: Bane Concord Master, LLC
- Sponsor EIN: 811237691
- Sponsor Address: 350 GRANITE STREET, SUITE 2203, BRAINTREE, MA, 02184
- Plan Type: 401(k)
- Total Participants: 713
- Total Assets: $11.4M
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 | 713 | $11.4M | $74,001 | $737,508 |
| 2023 | 581 | $10.6M | $60,975 | $610,124 |
| 2022 | 567 | $9.8M | $61,837 | $618,001 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY | Auditor | $33,370 | — | $33,370 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,370
- Estimated Expense Ratio: 0.293% 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 | $116,445 | — | — | $33,370 | — |
| 2023 | $93,147 | — | — | $19,740 | — |
| 2022 | $91,409 | $72,577 | — | — | $15,300 |