Plan Snapshot
- Plan Sponsor: Charles River Community Health, INC.
- Sponsor EIN: 237221597
- Sponsor Address: 495 WESTERN AVENUE, BRIGHTON, MA, 02135
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 220
- Total Assets: $8.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 220 | $8.6M | $0 | $622,722 |
| 2023 | 198 | $8.6M | $0 | $634,571 |
| 2022 | 190 | $7.9M | $0 | $593,824 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $50,357 | — | $50,357 |
| DAVINCI CAPITAL MANAGEMENT | Investment Advisor | $21,304 | — | $21,304 |
| THE ANGELL PENSION GROUP INC | Other Service Provider | $1,900 | $8,547 | $10,447 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,063 | — | $5,063 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,171
- Estimated Expense Ratio: 1.018% 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 | $78,624 | $26,367 | — | — | — |
| 2023 | $71,557 | — | — | — | — |
| 2022 | $65,543 | — | — | — | — |