Plan Snapshot
- Plan Sponsor: Hair Club For Men Of Boston Ltd.
- Sponsor EIN: 042731456
- Sponsor Address: 2 HERITAGE DRIVE SUITE 6A, QUINCY, MA, 02171
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $9.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 154 | $9.4M | $69,290 | $404,869 |
| 2023 | 159 | $8.3M | $54,374 | $381,433 |
| 2022 | 169 | $7.3M | $82,515 | $417,532 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — 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 | $943 | — | $943 | — | — |
| 2023 | $1,088 | — | $1,088 | — | — |
| 2022 | $48,088 | $7,144 | $39,294 | — | $1,650 |