Plan Snapshot
- Plan Sponsor: Greater Lawrence Family Health Center, INC.
- Sponsor EIN: 042708824
- Sponsor Address: 1 GRIFFIN BROOK DRIVE, SUITE 100, METHUEN, MA, 018441865
- Plan Type: 403(b)
- Total Participants: 784
- Total Assets: $57.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 784 | $57.6M | $637,500 | $3.7M |
| 2023 | 739 | $49.0M | $586,615 | $3.5M |
| 2022 | 737 | $41.6M | $603,255 | $3.2M |
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 | $151,627 | $30,000 | $121,627 | — | — |
| 2023 | $137,382 | $30,000 | $98,872 | $8,510 | — |
| 2022 | $128,899 | $30,000 | $98,899 | — | — |