# Hemenway &amp; Barnes LLP DC Plan
Source: https://planprovider.pro/companies/hemenway-barnes-llp-plan-017

> Hemenway &amp; Barnes LLP&#39;s DC plan: 131 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hemenway & Barnes LLP

- **Sponsor EIN:** 041433295

- **Sponsor Address:** 75 STATE STREET, 16TH FLOOR, BOSTON, MA, 021091466

- **Plan Type:** DC

- **Total Participants:** 131

- **Total Assets:** $68.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **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|131|$68.3M|$2.1M|$2.0M|

| 2023|132|$59.7M|$2.0M|$1.9M|

| 2022|124|$50.0M|$1.7M|$1.7M|

## 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|

| ICAPITAL, LLC|NONE|$109,869|—|$109,869|

| ALERUS FINANCIAL, N.A.|NONE|$18,152|—|$18,152|

| LEE & CROWLEY, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALERUS FINANCIAL, N.A.](https://planprovider.pro/provider/intellicents-inc) — NONE

- [LEE & CROWLEY, LLC](https://planprovider.pro/provider/lee-and-crowley-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $128,021

- **Estimated Expense Ratio:** 0.188% 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|$128,021|$109,869|—|—|—|

| 2023|$116,144|$90,051|—|—|—|

| 2022|$114,754|$100,269|—|—|—|

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