Plan Snapshot
- Plan Sponsor: Bemis Associates, INC.
- Sponsor EIN: 041078880
- Sponsor Address: ONE BEMIS WAY, SHIRLEY, MA, 01464
- Plan Type: DC
- Total Participants: 177
- Total Assets: $57.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 177 | $57.0M | $1.0M | $2.0M |
| 2023 | 195 | $50.0M | $920,243 | $2.0M |
| 2022 | 205 | $42.9M | $1.1M | $2.1M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY EMPLOYER | $52,484 | — | $52,484 |
| CARSON WEALTH MANAGEMENT, LLC | RETAINED BY EMPLOYER | $21,067 | — | $21,067 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- CARSON WEALTH MANAGEMENT, LLC — RETAINED BY EMPLOYER
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,551
- Estimated Expense Ratio: 0.129% 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 | $73,551 | $21,379 | $52,172 | — | — |
| 2023 | $65,434 | $7,155 | $58,279 | — | — |
| 2022 | $112,792 | $38,775 | $74,017 | — | — |