Plan Snapshot
- Plan Sponsor: Heilind Electronics, INC.
- Sponsor EIN: 042534289
- Sponsor Address: 58 JONSPIN RD., WILMINGTON, MA, 01887
- Plan Type: 401(k)
- Total Participants: 1,012
- Total Assets: $68.2M
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 | 1,012 | $68.2M | $1.0M | $4.3M |
| 2023 | 946 | $62.1M | $978,942 | $4.1M |
| 2022 | 968 | $51.8M | $638,967 | $4.0M |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS LLC | ADVISOR | $37,449 | — | $37,449 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $16,480 | — | $16,480 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $6,357 | — | $6,357 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,286
- Estimated Expense Ratio: 0.088% 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 | $60,287 | $53,930 | — | — | — |
| 2023 | $85,214 | $49,314 | — | — | — |
| 2022 | $83,960 | $8,712 | — | — | — |