Plan Snapshot
- Plan Sponsor: Community Legal Aid, INC.
- Sponsor EIN: 042446242
- Sponsor Address: 370 MAIN STREET, WORCESTER, MA, 01608
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $12.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 180 | $12.8M | $676,494 | $756,059 |
| 2023 | 150 | $10.6M | $535,337 | $587,968 |
| 2022 | 136 | $8.2M | $456,475 | $512,649 |
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 |
|---|---|---|---|---|
| BOLLUS LYNCH, LLP | Auditor | — | — | $0 |
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 | $5,294 | — | $3,179 | — | — |
| 2023 | $4,031 | — | $1,866 | — | — |
| 2022 | $5,507 | — | — | — | $5,507 |