Plan Snapshot
- Plan Sponsor: Biomedical Research Models, INC
- Sponsor EIN: 043338250
- Sponsor Address: 57 UNION STREET, WORCESTER, MA, 01608
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $9.7M
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 | 168 | $9.7M | $630,716 | $1.1M |
| 2023 | 170 | $7.1M | $563,600 | $940,874 |
| 2022 | 157 | $4.9M | $499,650 | $856,850 |
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 |
|---|---|---|---|---|
| BOLLUS LYNCH LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOLLUS LYNCH LLP — 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 | $41,749 | $37,754 | — | — | — |
| 2023 | $29,454 | $27,034 | — | — | — |
| 2022 | $25,216 | — | — | — | — |