Plan Snapshot
- Plan Sponsor: Family Orthodontics INC
- Sponsor EIN: 043581871
- Sponsor Address: 189 MAIN ST, MILFORD, MA, 017572627
- Plan Type: 401(k)
- Total Participants: 636
- Total Assets: $6.4M
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 | 636 | $6.4M | $0 | $1.2M |
| 2023 | 637 | $4.8M | $0 | $1.1M |
| 2022 | 567 | $3.2M | $0 | $912,441 |
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 | $16,020 | — | $16,020 |
| KESTRA ADVISORY SERVICES, LLC | Investment Advisor | $15,300 | — | $15,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
- KESTRA ADVISORY SERVICES, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,320
- Estimated Expense Ratio: 0.487% 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 | $33,423 | $16,613 | $15,950 | — | — |
| 2023 | $25,932 | $12,326 | $12,746 | — | — |
| 2022 | $21,457 | $9,971 | $11,486 | — | — |