Plan Snapshot
- Plan Sponsor: Bluestone Bank
- Sponsor EIN: 041118820
- Sponsor Address: 756 ORCHARD STREET, RAYNHAM, MA, 02767
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $32.4M
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 | 160 | $32.4M | $1.1M | $1.4M |
| 2023 | 157 | $28.5M | $1.1M | $1.3M |
| 2022 | 162 | $25.4M | $1.1M | $1.5M |
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 |
|---|---|---|---|---|
| BAKER NEWMAN NOYES LLC | Auditor | — | — | $0 |
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 | $104,539 | $60,207 | $44,332 | — | — |
| 2023 | $93,772 | $52,478 | $41,294 | — | — |
| 2022 | $56,443 | $16,452 | $39,991 | — | — |