Plan Snapshot
- Plan Sponsor: Critical Systems, INC.
- Sponsor EIN: 473188114
- Sponsor Address: 1000 BATTLES STREET, LEOMINSTER, MA, 01453
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 174
- Total Assets: $5.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 174 | $5.2M | $0 | $0 |
| 2024 | 121 | $4.1M | $241,445 | $315,968 |
| 2023 | 116 | $3.5M | $209,695 | $282,108 |
| 2022 | 131 | $3.0M | $135,860 | $284,306 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INS CO | Recordkeeper | $31,115 | — | $31,115 |
| LPL FINANCIAL LLC | Investment Advisor | $20,935 | — | $20,935 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,050
- Estimated Expense Ratio: 0.997% 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 | $321,063 | $20,935 | $31,115 | $11,700 | — |
| 2024 | $58,013 | $17,752 | $26,584 | — | — |
| 2023 | $31,767 | $8,477 | $13,062 | — | — |
| 2022 | $15,590 | — | $1,375 | — | $4,090 |