Plan Snapshot
- Plan Sponsor: Jay Cashman, INC.
- Sponsor EIN: 043242954
- Sponsor Address: 549 SOUTH STREET, QUINCY, MA, 02169
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $37.4M
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 | 152 | $37.4M | $577,189 | $1.7M |
| 2023 | 174 | $34.3M | $462,994 | $1.5M |
| 2022 | 139 | $29.5M | $398,787 | $1.3M |
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 |
|---|---|---|---|---|
| DARMODY, MERLINO & CO., LLP | Auditor | — | — | $0 |
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 | $8,511 | $25,101 | — | — | — |
| 2023 | $25,552 | $21,064 | — | $43,500 | — |
| 2022 | $56,303 | — | — | — | — |