Plan Snapshot
- Plan Sponsor: Hopewell INC.
- Sponsor EIN: 042438910
- Sponsor Address: 3 ALLIED DRIVE, DEDHAM, MA, 02026
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 106
- Total Assets: $9.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 106 | $9.7M | $384,785 | $573,212 |
| 2023 | 104 | $8.4M | $364,749 | $418,504 |
| 2022 | 117 | $7.7M | $370,898 | $425,326 |
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 |
|---|---|---|---|---|
| CAMBRIDGE INVESTMENT RESEARCH | Investment Advisor | — | $19,480 | $19,480 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,480
- Estimated Expense Ratio: 0.200% 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 | $4,105 | — | $3,325 | — | — |
| 2023 | $3,400 | — | $3,400 | — | — |
| 2022 | $4,750 | — | $4,750 | — | — |