Plan Snapshot
- Plan Sponsor: Graphic Arts Institute Of New England
- Sponsor EIN: 042105911
- Sponsor Address: 5 CRYSTAL POND ROAD, SOUTHBOROUGH, MA, 01772
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 114
- Total Assets: $46,460
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 114 | $46,460 | $0 | $0 |
| 2024 | 120 | $55,757 | $96,977 | $59,956 |
| 2023 | 131 | $59,733 | $103,143 | $64,384 |
| 2022 | 134 | $61,647 | $113,040 | $96,476 |
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 |
|---|---|---|---|---|
| GRAPHIC ARTS INSTITUTE OF NE | Other Service Provider | $18,313 | — | $18,313 |
| VENNING & COMPANY LLC | Other Service Provider | $10,775 | — | $10,775 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,088
- Estimated Expense Ratio: 62.609% 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 |
|---|---|---|---|---|---|
| 2025 | $166,670 | — | $18,313 | — | — |
| 2024 | $30,296 | — | $19,496 | — | — |
| 2023 | $31,938 | — | $21,138 | — | — |
| 2022 | $32,744 | — | $20,992 | — | — |