Plan Snapshot
- Plan Sponsor: Hallam Associates, INC.
- Sponsor EIN: 030297752
- Sponsor Address: 38 EASTWOOD DRIVE, SUITE 200, SOUTH BURLINGTON, VT, 05403
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $35.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 133 | $35.2M | $946,290 | $1.5M |
| 2023 | 127 | $29.1M | $0 | $1.6M |
| 2022 | 122 | $25.0M | $372,531 | $1.2M |
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 |
|---|---|---|---|---|
| GALLAGHER, FLYNN & COMPANY | 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 | $97,275 | $61,268 | $34,654 | — | — |
| 2023 | $82,657 | $51,559 | $23,162 | — | — |
| 2022 | $84,317 | $53,720 | $14,025 | — | $16,572 |