Plan Snapshot
- Plan Sponsor: East Side Service Center INC
- Sponsor EIN: 050383724
- Sponsor Address: 695 GEORGE WASHINGTON HWY, LINCOLN, RI, 028654257
- Plan Type: 401(k)
- Total Participants: 486
- Total Assets: $15.3M
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 | 486 | $15.3M | $443,325 | $948,654 |
| 2023 | 410 | $12.7M | $386,977 | $844,878 |
| 2022 | 379 | $10.4M | $344,627 | $703,898 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $27,218 | — | $27,218 |
| EXCEL WEALTH MANAGEMENT, LLC | Investment Advisor | $22,043 | — | $22,043 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,261
- Estimated Expense Ratio: 0.323% 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 | $54,909 | $23,929 | $30,120 | — | — |
| 2023 | $46,343 | $19,096 | $26,387 | — | — |
| 2022 | $41,171 | $17,927 | $23,244 | — | — |