Plan Snapshot
- Plan Sponsor: Erland Construction, INC.
- Sponsor EIN: 042606179
- Sponsor Address: 71 THIRD AVENUE, BURLINGTON, MA, 018034415
- Plan Type: 401(k)
- Total Participants: 84
- Total Assets: $29.9M
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 | 84 | $29.9M | $0 | $0 |
| 2023 | 108 | $27.0M | $254,072 | $1.1M |
| 2022 | 118 | $25.6M | $308,970 | $1.3M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | $10,400 | — | $10,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,400
- Estimated Expense Ratio: 0.035% 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 | $81,779 | $60,815 | $10,564 | $10,400 | — |
| 2023 | $64,532 | $45,607 | $2,230 | $9,800 | — |
| 2022 | $68,918 | $52,232 | $958 | — | $9,100 |