Plan Snapshot
- Plan Sponsor: Interstate Electrical Services Corporation
- Sponsor EIN: 042393971
- Sponsor Address: 70 TREBLE COVE ROAD, N. BILLERICA, MA, 01862
- Plan Type: 401(k)
- Total Participants: 581
- Total Assets: $65.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 581 | $65.3M | $660,799 | $2.9M |
| 2023 | 619 | $58.4M | $682,091 | $2.9M |
| 2022 | 702 | $52.3M | $684,840 | $3.0M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $185,430 | — | $185,430 |
| KESTRA ADVISORY SERVICES, LLC | Investment Advisor | $90,241 | — | $90,241 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- KESTRA ADVISORY SERVICES, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $275,671
- Estimated Expense Ratio: 0.422% 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 | $275,887 | $90,457 | — | — | — |
| 2023 | $266,582 | $79,762 | — | — | — |
| 2022 | $246,676 | $76,436 | — | — | — |