Plan Snapshot
- Plan Sponsor: Berklee College Of Music, INC.
- Sponsor EIN: 042300472
- Sponsor Address: 855 BOYLSTON ST, BOSTON, MA, 022153693
- Plan Type: DB
- Total Participants: 279
- Total Assets: $104.0M
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 | 279 | $104.0M | $5.7M | $0 |
| 2023 | 291 | $99.2M | $5.8M | $0 |
| 2022 | 314 | $95.9M | $5.9M | $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 |
|---|---|---|---|---|
| PRIME BUCHHOLZ & ASSOCIATES, INC. | Investment Advisor | $103,796 | — | $103,796 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Actuary | $62,689 | — | $62,689 |
| PRINCIPAL CUSTODY SOLUTIONS | Recordkeeper | $32,957 | — | $32,957 |
| HERONBRIDGE | Investment Advisor | $22,317 | — | $22,317 |
| WELLINGTON MANAGEMENT GROUP LLP | Investment Advisor | $20,335 | — | $20,335 |
| HIGHCLERE INTERNATIONAL INVESTORS | Investment Advisor | $17,978 | — | $17,978 |
| HOLDCO ADVISORS, L.P. | Investment Advisor | $14,164 | — | $14,164 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Actuary
- PRINCIPAL CUSTODY SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $274,236
- Estimated Expense Ratio: 0.264% 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 | $835,367 | $74,794 | $136,753 | — | — |
| 2023 | $758,467 | $96,764 | — | — | — |
| 2022 | $709,165 | $103,307 | $20,225 | — | $58,099 |