Plan Snapshot
- Plan Sponsor: Ada Forsyth Institute, INC.
- Sponsor EIN: 042104230
- Sponsor Address: 100 CHESTNUT STREET, SOMERVILLE, MA, 02143
- Plan Type: 403(b)
- Total Participants: 141
- Total Assets: $78.9M
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 | 141 | $78.9M | $995,716 | $1.0M |
| 2023 | 133 | $74.8M | $966,683 | $996,353 |
| 2022 | 141 | $75.6M | $905,796 | $940,149 |
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 | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AAFCPAS — Auditor
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 | $65,596 | $27,127 | $132 | — | — |
| 2023 | $80,050 | $47,915 | — | — | — |
| 2022 | $64,909 | $28,500 | — | — | — |