Plan Snapshot
- Plan Sponsor: Devaney Energy, INC.
- Sponsor EIN: 042298448
- Sponsor Address: 177 WELLS AVE, NEWTON, MA, 02459
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $24.3M
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 | 177 | $24.3M | $846,035 | $1.2M |
| 2023 | 174 | $22.7M | $699,954 | $1.2M |
| 2022 | 167 | $19.1M | $602,030 | $1.2M |
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 |
|---|---|---|---|---|
| GRAY, GRAY & GRAY | 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 | $39,480 | $10,233 | — | — | — |
| 2023 | $32,379 | $7,212 | — | — | — |
| 2022 | $31,838 | $6,884 | $24,954 | — | — |