Plan Snapshot
- Plan Sponsor: Boston Semi Equipment LLC
- Sponsor EIN: 300825013
- Sponsor Address: 9 BEAVER BROOK ROAD, LITTLETON, MA, 01460
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $8.1M
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 | 57 | $8.1M | $243,394 | $743,993 |
| 2023 | 66 | $7.0M | $265,220 | $821,282 |
| 2022 | 71 | $4.9M | $250,743 | $726,766 |
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 INVESTMENTS | NONE | $21,452 | — | $21,452 |
| FIRST NATIONAL ADVISORS LLC | NONE | $10,500 | — | $10,500 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS — NONE
- FIRST NATIONAL ADVISORS LLC — NONE
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,952
- Estimated Expense Ratio: 0.395% 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 | $31,952 | $6,000 | — | — | — |
| 2023 | $26,247 | $6,000 | — | — | — |
| 2022 | $33,967 | — | — | — | — |