Plan Snapshot
- Plan Sponsor: Boston Centerless, LLC
- Sponsor EIN: 042254495
- Sponsor Address: 11 PRESIDENTIAL WAY, WOBURN, MA, 01801
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $14.5M
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 | 124 | $14.5M | $227,468 | $713,086 |
| 2023 | 123 | $12.1M | $240,374 | $747,525 |
| 2022 | 115 | $9.8M | $185,298 | $636,478 |
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 |
|---|---|---|---|---|
| BOIVIN & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOIVIN & ASSOCIATES — 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 | $36,188 | $16,000 | $20,188 | — | — |
| 2023 | $33,519 | $16,000 | $17,519 | — | — |
| 2022 | $33,731 | $16,000 | $17,731 | — | — |