Plan Snapshot
- Plan Sponsor: Bemis Associates INC.
- Sponsor EIN: 041078880
- Sponsor Address: ONE BEMIS WAY, SHIRLEY, MA, 014642527
- Plan Type: DB
- Plan Number: 003
- Total Participants: 55
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 55 | $17.1M | $454,956 | $0 |
| 2023 | 60 | $17.1M | $0 | $0 |
| 2022 | 66 | $17.0M | $250,000 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $36,711 | — | $36,711 |
| JOHN HANCOCK RETIREMENT | Recordkeeper | $31,853 | — | $31,853 |
| CLIFTONLARSONALLEN LLP | Auditor | $11,550 | — | $11,550 |
| PRINCIPAL GLOBAL INVESTORS, LLC | Investment Advisor | $6,607 | $1,378 | $7,985 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT — Recordkeeper
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,099
- Estimated Expense Ratio: 0.515% 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 | $112,716 | $29,881 | $71,285 | $11,550 | — |
| 2023 | $64,951 | $58,020 | $6,931 | — | — |
| 2022 | $64,585 | $57,542 | $7,043 | — | — |