Plan Snapshot
- Plan Sponsor: Coghlin Companies, INC.
- Sponsor EIN: 042923301
- Sponsor Address: 27 OTIS STREET, WESTBOROUGH, MA, 01581
- Plan Type: 401(k)
- Total Participants: 700
- Total Assets: $57.7M
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 | 700 | $57.7M | $1.4M | $4.1M |
| 2023 | 770 | $49.7M | $1.5M | $4.1M |
| 2022 | 841 | $39.9M | $1.5M | $3.9M |
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 |
|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES, LLC | ADVISOR | $76,567 | — | $76,567 |
| BDS CONSULTING GROUP, INC. | RECORDKEEPER | $22,030 | — | $22,030 |
| FIDELITY INVESTMENTS | RECORDKEEPER | $18,211 | — | $18,211 |
| BOLLUS LYNCH | ACCOUNTANT / AUDITOR | $15,493 | — | $15,493 |
| STRATEGIC ADVISORS | ADVISOR | $11,848 | — | $11,848 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES, LLC — ADVISOR
- BDS CONSULTING GROUP, INC. — RECORDKEEPER
- FIDELITY INVESTMENTS — RECORDKEEPER
- STRATEGIC ADVISORS — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,149
- Estimated Expense Ratio: 0.250% 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 | $144,158 | $88,414 | — | $15,493 | — |
| 2023 | $88,581 | $77,218 | — | $14,990 | — |
| 2022 | $94,568 | $8,680 | — | — | — |