Plan Snapshot
- Plan Sponsor: Educate 360 LLC
- Sponsor EIN: 753117117
- Sponsor Address: 1 SOUTH MARKET STREET, BOSTON, MA, 02109
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 254
- Total Assets: $8.2M
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. |
|---|---|---|---|---|
| 2024 | 254 | $8.2M | $741,829 | $1.7M |
| 2023 | 244 | $3.8M | $341,317 | $732,603 |
| 2022 | 32 | $1.6M | $92,664 | $311,609 |
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 |
|---|---|---|---|---|
| DAVINCI CAPITAL MANAGEMENT, INC. | Investment Advisor | $14,161 | — | $14,161 |
| CIP CAPITAL MANAGEMENT LLC | Investment Advisor | $7,708 | — | $7,708 |
| JOHN HANCOCK | Recordkeeper | $7,708 | — | $7,708 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,577
- Estimated Expense Ratio: 0.361% 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 | $30,383 | $21,869 | $8,514 | — | — |
| 2023 | $166,158 | — | — | — | — |
| 2022 | $27,645 | — | — | — | — |