Plan Snapshot
- Plan Sponsor: Burns & Levinson LLP
- Sponsor EIN: 042265163
- Sponsor Address: 125 HIGH STREET, BOSTON, MA, 02110
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 129
- Total Assets: $23.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 129 | $23.9M | $605,583 | $1.6M |
| 2022 | 113 | $18.8M | $458,632 | $1.4M |
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 |
|---|---|---|---|---|
| MARCUM LLP | Investment Advisor | $13,905 | — | $13,905 |
| FIDUCIENT ADVISORS | Investment Advisor | $7,000 | — | $7,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,905
- Estimated Expense Ratio: 0.087% 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 |
|---|---|---|---|---|---|
| 2023 | $22,957 | $3,573 | — | — | — |
| 2022 | $1,922 | $1,922 | — | — | — |