Plan Snapshot
- Plan Sponsor: Groton School
- Sponsor EIN: 042104265
- Sponsor Address: 282 FARMERS ROW, GROTON, MA, 01450
- Plan Type: 403(b)
- Total Participants: 240
- Total Assets: $87.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 240 | $87.1M | $1.2M | $1.4M |
| 2023 | 195 | $80.3M | $1.1M | $1.4M |
| 2022 | 368 | $71.8M | $1.1M | $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 |
|---|---|---|---|---|
| TIAA | NONE | $59,754 | — | $59,754 |
| FIDUCIENT ADVISORS, LLC | NONE | $30,705 | — | $30,705 |
| CARON & BLETZER, PLLC | NONE | $14,000 | — | $14,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- CARON & BLETZER, PLLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,459
- Estimated Expense Ratio: 0.120% 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 | $104,459 | $30,705 | — | $14,000 | — |
| 2023 | $66,629 | $16,250 | — | $500 | — |
| 2022 | $37,153 | — | — | — | — |