Plan Snapshot
- Plan Sponsor: Beltone New England
- Sponsor EIN: 270020043
- Sponsor Address: 931 JEFFERSON BOULEVARD, WARWICK, RI, 02886
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $7.0M
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 | 116 | $7.0M | $208,872 | $415,398 |
| 2023 | 117 | $7.2M | $229,221 | $497,216 |
| 2022 | 129 | $7.5M | $254,021 | $553,688 |
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 |
|---|---|---|---|---|
| CAPITAL WEALTH MANAGEMENT | Other Service Provider | $36,756 | — | $36,756 |
| THE VANGUARD GROUP, INC. | Recordkeeper | $21,279 | — | $21,279 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,035
- Estimated Expense Ratio: 0.831% 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 | $56,645 | $36,756 | $16,889 | — | — |
| 2023 | $66,975 | $35,853 | $15,672 | $15,450 | — |
| 2022 | $68,305 | $38,771 | $16,144 | — | $13,390 |