Plan Snapshot
- Plan Sponsor: Hallkeen Management, INC.
- Sponsor EIN: 043097814
- Sponsor Address: 1400 PROVIDENCE HIGHWAY, SUITE 1000, NORWOOD, MA, 020624659
- Plan Type: 401(k)
- Total Participants: 1,071
- Total Assets: $27.2M
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 | 1,071 | $27.2M | $303,805 | $2.8M |
| 2023 | 884 | $24.1M | $347,839 | $2.4M |
| 2022 | 785 | $20.0M | $305,430 | $2.1M |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INSURAN | RECORDKEEPER | $137,340 | — | $137,340 |
| THE ANGELL PENSION GROUP, INC | RECORDKEEPER | $97,607 | — | $97,607 |
| MERRILL LYNCH LIFE AGENCY, INC. | INVESTMENT ADVISORY | $50,745 | — | $50,745 |
| GRAY GRAY & GRAY LLP | AUDIT | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INSURAN — RECORDKEEPER
- MERRILL LYNCH LIFE AGENCY, INC. — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $302,692
- Estimated Expense Ratio: 1.113% 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 | $302,692 | $50,745 | $97,607 | $17,000 | — |
| 2023 | $180,216 | $42,582 | $25,288 | — | — |
| 2022 | $186,628 | — | — | — | — |