Plan Snapshot
- Plan Sponsor: Berkshire Family And Individual Resources, INC.
- Sponsor EIN: 043246975
- Sponsor Address: 771 SOUTH CHURCH STREET, NORTH ADAMS, MA, 012474109
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 177
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 177 | $3.2M | $113,719 | $207,598 |
| 2023 | 192 | $3.2M | $114,711 | $209,905 |
| 2022 | 189 | $2.8M | $111,615 | $203,394 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL, LLC | Investment Advisor | $15,475 | — | $15,475 |
| CAPITAL GROUP RETIREMENT PLAN SERV | Recordkeeper | $10,934 | — | $10,934 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,409
- Estimated Expense Ratio: 0.827% 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 | $25,959 | — | — | — | — |
| 2023 | $30,458 | — | — | — | — |
| 2022 | $25,188 | — | — | — | — |