Plan Snapshot
- Plan Sponsor: Belmont Instrument LLC
- Sponsor EIN: 042705177
- Sponsor Address: 780 BOSTON RD, BILLERICA, MA, 018215925
- Plan Type: 401(k)
- Total Participants: 218
- Total Assets: $19.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 218 | $19.0M | $746,414 | $1.9M |
| 2023 | 218 | $19.4M | $637,143 | $1.9M |
| 2022 | 232 | $15.8M | $550,953 | $1.8M |
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 |
|---|---|---|---|---|
| GRAY, GRAY, & GRAY LLP | 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 | $105,104 | — | $300 | — | — |
| 2023 | $76,297 | — | — | — | — |
| 2022 | $80,381 | — | — | — | — |