Plan Snapshot
- Plan Sponsor: Cambridge Savings Bank
- Sponsor EIN: 041145100
- Sponsor Address: 1374 MASSACHUSETTS AVENUE, CAMBRIDGE, MA, 02138
- Plan Type: 401(k)
- Total Participants: 475
- Total Assets: $117.2M
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 | 475 | $117.2M | $4.0M | $4.9M |
| 2023 | 478 | $103.1M | $3.8M | $4.7M |
| 2022 | 475 | $88.1M | $3.2M | $4.1M |
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 INSTITUTIONAL | RECORDKEEPER | $26,022 | — | $26,022 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $19,674 | — | $19,674 |
| WOLF AND COMPANY, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,696
- Estimated Expense Ratio: 0.039% 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 | $45,696 | $19,674 | — | — | — |
| 2023 | $39,226 | $12,781 | — | — | — |
| 2022 | $40,568 | $9,409 | — | — | — |