Plan Snapshot
- Plan Sponsor: Braintree Laboratories, INC.
- Sponsor EIN: 042769947
- Sponsor Address: 100 GRANDVIEW RD, SUITE 410, BRAINTREE, MA, 33602
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 350
- Total Assets: $76.3M
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. |
|---|---|---|---|---|
| 2025 | 350 | $76.3M | $0 | $0 |
| 2024 | 273 | $73.0M | $971,194 | $3.1M |
| 2023 | 293 | $67.8M | $1.2M | $3.4M |
| 2022 | 320 | $53.8M | $1.1M | $3.0M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | Other Service Provider | $60,332 | — | $60,332 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,332
- Estimated Expense Ratio: 0.079% 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 |
|---|---|---|---|---|---|
| 2025 | $12,220,427 | $4,788 | $55,544 | — | — |
| 2024 | $54,349 | $4,078 | $50,271 | — | — |
| 2023 | $57,014 | $15,849 | $41,165 | — | — |
| 2022 | $62,156 | — | $62,156 | — | — |