Plan Snapshot
- Plan Sponsor: Fast Switch, Ltd.
- Sponsor EIN: 311486797
- Sponsor Address: 892 PLAIN STREET, MARSHFIELD, MA, 02050
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $5.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 16 | $5.2M | $19,514 | $66,781 |
| 2023 | 28 | $5.6M | $27,103 | $70,544 |
| 2022 | 59 | $5.5M | $25,634 | $92,107 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $13,096 | — | $13,096 |
| THE PENSION DESIGN GROUP | Recordkeeper | $12,608 | $365 | $12,973 |
| WELLS FARGO ADVISORS LLC | Investment Advisor | $11,311 | — | $11,311 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,380
- Estimated Expense Ratio: 0.713% 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 | $37,016 | $11,311 | — | — | — |
| 2023 | $33,079 | $11,110 | — | — | — |
| 2022 | $43,255 | — | — | — | — |