Plan Snapshot
- Plan Sponsor: Emeritus Institute Of Management, INC.
- Sponsor EIN: 831356339
- Sponsor Address: 50 MILK STREET, 16TH FLOOR, BOSTON, MA, 02109
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $11.7M
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 | 138 | $11.7M | $684,602 | $1.6M |
| 2023 | 230 | $8.3M | $771,839 | $1.8M |
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 | $37,191 | — | $37,191 |
| CARY STREET PARTNERS INVESTMENT | ADVISOR | $22,000 | — | $22,000 |
| MEADOWS URQUHART ACREE & COOK, LLP | ACCOUNTANT/AUDITOR | $9,936 | — | $9,936 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CARY STREET PARTNERS INVESTMENT — ADVISOR
- MEADOWS URQUHART ACREE & COOK, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,127
- Estimated Expense Ratio: 0.591% 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 | $69,127 | $22,000 | — | $9,936 | — |
| 2023 | $37,853 | $16,500 | — | — | — |