Plan Snapshot
- Plan Sponsor: Chestnut Dental Associates, P.C.
- Sponsor EIN: 042629568
- Sponsor Address: 87 CHESTNUT STREET, NEEDHAM, MA, 024922578
- Plan Type: DC
- Total Participants: 138
- Total Assets: $27.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 138 | $27.5M | $380,624 | $837,543 |
| 2023 | 136 | $25.5M | $378,085 | $860,234 |
| 2022 | 125 | $21.1M | $346,447 | $827,891 |
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 |
|---|---|---|---|---|
| SENTINEL PENSION ADVISORS | Recordkeeper | $30,888 | — | $30,888 |
| SENTINEL BENEFITS GROUP, INC. | Recordkeeper | $30,227 | — | $30,227 |
| NATIONAL FINANCIAL SERVICES LLC | Other Service Provider | $10,295 | — | $10,295 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL PENSION ADVISORS — Recordkeeper
- SENTINEL BENEFITS GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,410
- Estimated Expense Ratio: 0.260% 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 | $71,410 | $30,888 | — | — | — |
| 2023 | $39,324 | $7,531 | — | — | — |
| 2022 | $44,046 | $9,896 | — | — | $34,150 |