Plan Snapshot
- Plan Sponsor: Cambridge Healthtech Institute
- Sponsor EIN: 043203150
- Sponsor Address: 250 FIRST AVE STE 300, NEEDHAM, MA, 02494
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $26.5M
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 | 144 | $26.5M | $473,843 | $1.6M |
| 2023 | 139 | $23.5M | $429,390 | $1.4M |
| 2022 | 138 | $21.1M | $391,000 | $1.2M |
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 |
|---|---|---|---|---|
| NEWBURG & COMPANY | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $21,749 | $18,369 | — | — | — |
| 2023 | $1,145 | — | — | — | — |
| 2022 | $855 | — | — | — | — |