Plan Snapshot
- Plan Sponsor: Harvard Bioscience, INC.
- Sponsor EIN: 043306140
- Sponsor Address: 84 OCTOBER HILL ROAD, HOLLISTON, MA, 01746
- Plan Type: 401(k)
- Total Participants: 218
- Total Assets: $49.7M
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 | 218 | $49.7M | $906,616 | $2.4M |
| 2023 | 262 | $47.7M | $877,290 | $2.4M |
| 2022 | 282 | $40.9M | $945,663 | $2.5M |
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 |
|---|---|---|---|---|
| MML INVESTORS SERVICES, INC. | SERVICE PROVIDER | — | $36,667 | $36,667 |
| FUTUREPLAN | SERVICE PROVIDER | $17,249 | — | $17,249 |
| FUTUREPLAN | SERVICE PROVIDER | $6,087 | — | $6,087 |
| JOHNSON O'CONNOR, FERON AND CARUCCI | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES, INC. — SERVICE PROVIDER
- FUTUREPLAN — SERVICE PROVIDER
- FUTUREPLAN — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,003
- Estimated Expense Ratio: 0.121% 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 | $33,224 | — | $33,224 | — | — |
| 2023 | $34,867 | — | $26,831 | $8,036 | — |
| 2022 | $35,570 | — | $35,570 | — | — |