Plan Snapshot
- Plan Sponsor: Ipswich Shellfish Company, INC.
- Sponsor EIN: 042265029
- Sponsor Address: 8 HAYWARD ST, IPSWICH, MA, 01938
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $17.5M
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 | 203 | $17.5M | $126,566 | $731,489 |
| 2023 | 215 | $14.7M | $118,077 | $744,702 |
| 2022 | 208 | $13.9M | $131,070 | $723,444 |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | -$3,496 | $24,974 | $300 | — | — |
| 2023 | -$4,768 | $21,714 | — | — | — |
| 2022 | -$1,511 | — | — | — | — |