Plan Snapshot
- Plan Sponsor: Brattan Industries Incorporated
- Sponsor EIN: 161654848
- Sponsor Address: 95 RUSSELL ST., LITTLETON, MA, 014601240
- Plan Type: 401(k)
- Total Participants: 142
- Total Assets: $7.8M
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 | 142 | $7.8M | $0 | $974,956 |
| 2023 | 132 | $6.5M | $163,368 | $647,298 |
| 2022 | 140 | $5.2M | $0 | $821,745 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $38,835 | — | $38,835 |
| RAYMOND JAMES FINANCIAL SERVICES | Investment Advisor | — | $16,026 | $16,026 |
| STOWE AND DEGON LLC | Other Service Provider | $13,400 | — | $13,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL SERVICES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,261
- Estimated Expense Ratio: 0.871% 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 | $52,236 | — | $38,836 | $13,400 | — |
| 2023 | $26,532 | — | $26,532 | — | — |
| 2022 | $15,145 | — | — | — | — |