Plan Snapshot
- Plan Sponsor: Griffin Greenhouse Supplies, INC.
- Sponsor EIN: 042208956
- Sponsor Address: P.O. BOX 36 1619 MAIN ST., TEWKSBURY, MA, 01876
- Plan Type: 401(k)
- Total Participants: 290
- Total Assets: $35.0M
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 | 290 | $35.0M | $863,845 | $1.5M |
| 2023 | 295 | $31.1M | $1.1M | $1.6M |
| 2022 | 259 | $28.9M | $1.8M | $1.5M |
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 |
|---|---|---|---|---|
| RBT CPAS, LLP | Auditor | $24,200 | — | $24,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,200
- Estimated Expense Ratio: 0.069% 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 | $100,651 | $6,122 | — | $24,200 | — |
| 2023 | $75,579 | $9,393 | — | — | — |
| 2022 | $91,060 | $23,221 | $67,839 | — | — |