Plan Snapshot
- Plan Sponsor: Berkshire Hathaway Specialty Ins
- Sponsor EIN: 630202590
- Sponsor Address: 100 FEDERAL STREET, 7TH FLOOR, BOSTON, MA, 02110
- Plan Type: 401(k)
- Total Participants: 935
- Total Assets: $174.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 935 | $174.1M | $7.0M | $13.5M |
| 2023 | 857 | $130.9M | $6.1M | $11.4M |
| 2022 | 746 | $99.2M | $5.1M | $9.4M |
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 |
|---|---|---|---|---|
| MAYFLOWER FINANCIAL ADVISORS, LLC | INVESTMENT/FINANCIAL ADVI | $50,034 | — | $50,034 |
| ADP, INC. | RECORD KEEPER | $16,280 | — | $16,280 |
| CARON AND BLETZER PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- CARON AND BLETZER PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,314
- Estimated Expense Ratio: 0.038% 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 | $66,314 | $50,034 | — | — | — |
| 2023 | $62,041 | $50,000 | — | — | — |
| 2022 | $60,859 | — | — | — | — |