Plan Snapshot
- Plan Sponsor: Boston Mutual Life Insurance Co
- Sponsor EIN: 041106240
- Sponsor Address: 120 ROYALL ST, CANTON, MA, 02021
- Plan Type: DB
- Total Participants: 51
- Total Assets: $42.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 51 | $42.5M | $1.0M | $0 |
| 2023 | 53 | $43.3M | $1.0M | $0 |
| 2022 | 67 | $43.0M | $1.0M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY MANAGEMENT COMPANY | ACTUARIAL SERVICES | $133,699 | — | $133,699 |
| SEI PRIVATE TRUST | ADMINISTRATION | $130,090 | — | $130,090 |
| ERNST & YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $263,789
- Estimated Expense Ratio: 0.621% 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 | $263,789 | $121,585 | — | — | — |
| 2023 | $214,944 | $117,593 | — | — | — |
| 2022 | $211,594 | $136,206 | — | — | $65,298 |