Plan Snapshot
- Plan Sponsor: Berkshire School, INC.
- Sponsor EIN: 042121313
- Sponsor Address: 245 NORTH UNDERMOUNTAIN ROAD, SHEFFIELD, MA, 012579672
- Plan Type: 403(b)
- Total Participants: 179
- Total Assets: $65.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 179 | $65.9M | $1.0M | $1.3M |
| 2023 | 178 | $61.2M | $953,598 | $1.3M |
| 2022 | 185 | $54.7M | $909,445 | $1.2M |
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 |
|---|---|---|---|---|
| FIDUCIENT ADVISORS LLC | NONE | $34,102 | — | $34,102 |
| TEACHERS INSURANCE ANNUITY ASSOC | CUSTODIAN | $7,003 | — | $7,003 |
| SEWARD AND MONDE, CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEACHERS INSURANCE ANNUITY ASSOC — CUSTODIAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,105
- Estimated Expense Ratio: 0.062% 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 | $41,104 | — | $41,104 | — | — |
| 2023 | $40,854 | $26,629 | $225 | $14,000 | — |
| 2022 | $55,430 | $41,680 | $150 | — | $13,600 |