Plan Snapshot
- Plan Sponsor: Eclinicalworks, LLC
- Sponsor EIN: 043461392
- Sponsor Address: 2 TECHNOLOGY DRIVE, WESTBOROUGH, MA, 01581
- Plan Type: DC
- Total Participants: 1,458
- Total Assets: $240.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,458 | $240.9M | $6.3M | $16.0M |
| 2023 | 1,491 | $193.4M | $5.8M | $14.6M |
| 2022 | 1,398 | $145.7M | $5.3M | $13.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $65,725 | — | $65,725 |
| DIMEO SCHNEIDER & ASSOCIATES LLC | CONSULTANT | $48,380 | — | $48,380 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $37,649 | — | $37,649 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $151,754
- Estimated Expense Ratio: 0.063% 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 | $151,754 | $37,649 | $900 | — | — |
| 2023 | $129,635 | $27,592 | — | — | — |
| 2022 | $127,863 | $20,304 | — | — | — |