Plan Snapshot
- Plan Sponsor: Familyaid Boston INC.
- Sponsor EIN: 042105756
- Sponsor Address: 3815 WASHINGTON ST, BOSTON, MA, 02130
- Plan Type: 403(b)
- Total Participants: 125
- Total Assets: $4.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 125 | $4.0M | $223,212 | $382,854 |
| 2023 | 122 | $3.5M | $175,265 | $331,937 |
| 2022 | 103 | $2.6M | $131,534 | $231,214 |
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 |
|---|---|---|---|---|
| AAFCPAS INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $19,744 | $19,046 | $698 | — | — |
| 2023 | $16,370 | $15,565 | $805 | — | — |
| 2022 | $12,509 | $11,890 | $619 | — | — |