Plan Snapshot
- Plan Sponsor: Bolton Medical INC.
- Sponsor EIN: 223213772
- Sponsor Address: 799 INTERNATIONAL PARKWAY, SUNRISE, FL, 33325
- Plan Type: 401(k)
- Total Participants: 553
- Total Assets: $34.2M
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 | 553 | $34.2M | $1.2M | $3.7M |
| 2023 | 584 | $26.9M | $1.2M | $3.2M |
| 2022 | 563 | $20.9M | $1.0M | $2.8M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | RECORD KEEPER | $113,842 | — | $113,842 |
| LPL FINANCIAL CORPORATION | SERVICE PROVIDER | — | $62,507 | $62,507 |
| COHNREZNICK, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $176,349
- Estimated Expense Ratio: 0.516% 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 | $116,802 | $3,661 | $106,711 | — | — |
| 2023 | $84,895 | $2,361 | $79,234 | — | — |
| 2022 | $77,134 | — | — | — | — |