Plan Snapshot
- Plan Sponsor: Hawthorn Medical Associates, LLC
- Sponsor EIN: 043436165
- Sponsor Address: 535 FAUNCE CORNER ROAD, NORTH DARTMOUTH, MA, 02747
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $134.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 145 | $134.9M | $4.1M | $3.0M |
| 2023 | 151 | $125.0M | $4.1M | $2.9M |
| 2022 | 151 | $106.0M | $3.8M | $2.7M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | BROKER DEALER | — | $86,482 | $86,482 |
| VOYA RETIREMENT INS ANNUITY COMPANY | INVESTMENT ADVISORY | $55,163 | — | $55,163 |
| NATIONWIDE | INVESTMENT ADVISORY | $33,640 | — | $33,640 |
| THE ANGELL PENSION GROUP, INC. | THIRD PARTY ADMIN | — | $10,369 | $10,369 |
| KAHN, LITWIN, RENZA & CO., LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $185,654
- Estimated Expense Ratio: 0.138% 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 | $88,803 | — | $54,363 | — | — |
| 2023 | $303,604 | — | — | — | — |
| 2022 | $292,209 | — | — | — | — |