Plan Snapshot
- Plan Sponsor: Clearmotion, INC.
- Sponsor EIN: 262765175
- Sponsor Address: 805 MIDDLESEX TURNPIKE, BILLERICA, MA, 01821
- Plan Type: 401(k)
- Total Participants: 50
- Total Assets: $11.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 50 | $11.0M | $119,637 | $699,508 |
| 2023 | 51 | $10.2M | $134,143 | $712,626 |
| 2022 | 53 | $9.1M | $154,864 | $917,571 |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
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 | $26,934 | $20,431 | — | — | — |
| 2023 | $33,583 | $24,488 | — | — | — |
| 2022 | $58,206 | $57,906 | — | — | $300 |