Plan Snapshot
- Plan Sponsor: Company 401(K) Plan
- Sponsor EIN: 020308210
- Sponsor Address: 41 UNION STREET, MANCHESTER, NH, 03108
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 492
- Total Assets: $38.2M
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. |
|---|---|---|---|---|
| 2025 | 492 | $38.2M | $0 | $0 |
| 2024 | 405 | $38.1M | $473,567 | $1.8M |
| 2023 | 398 | $35.7M | $432,447 | $1.6M |
| 2022 | 412 | $32.6M | $421,523 | $1.6M |
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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES, INC | Investment Advisor | $36,000 | — | $36,000 |
| NATHAN WECHSLER AND COMPANY, P.A. | Auditor | $15,750 | — | $15,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,750
- Estimated Expense Ratio: 0.135% 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 |
|---|---|---|---|---|---|
| 2025 | $7,188,477 | $3,557 | $300 | $15,750 | — |
| 2024 | $16,251 | $34,058 | — | $15,850 | — |
| 2023 | $11,645 | $30,883 | — | $17,500 | — |
| 2022 | $5,130 | $218 | — | — | — |