Plan Snapshot
- Plan Sponsor: Berkshire Corporation
- Sponsor EIN: 042427154
- Sponsor Address: 21 RIVER STREET, GT BARRINGTON, MA, 012301330
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $14.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 150 | $14.6M | $318,477 | $1.1M |
| 2023 | 141 | $13.3M | $293,175 | $904,124 |
| 2022 | 130 | $11.2M | $251,300 | $866,515 |
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 |
|---|---|---|---|---|
| ADELSON & COMPANY PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADELSON & COMPANY PC — Auditor
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 | $49,910 | — | $49,910 | — | — |
| 2023 | $45,158 | — | $45,158 | — | — |
| 2022 | $34,613 | — | $34,613 | — | — |