Plan Snapshot
- Plan Sponsor: First Help Financial, LLC
- Sponsor EIN: 383739185
- Sponsor Address: 160 GOULD STREET, SUITE 100, NEEDHAM, MA, 02494
- Plan Type: 401(k)
- Total Participants: 379
- Total Assets: $12.4M
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 | 379 | $12.4M | $652,655 | $1.1M |
| 2023 | 298 | $9.6M | $486,370 | $933,611 |
| 2022 | 236 | $8.0M | $485,284 | $946,635 |
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 |
|---|---|---|---|---|
| CLIFTON LARSON ALLEN LLP | 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 | $59,348 | — | — | — | — |
| 2023 | $48,817 | $29,211 | $19,606 | — | — |
| 2022 | $43,894 | $26,530 | $17,364 | — | — |