Plan Snapshot
- Plan Sponsor: Kelvin Group Co
- Sponsor EIN: 823162765
- Sponsor Address: 500 RESEARCH DRIVE, WILMINGTON, MA, 01887
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $27.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 342 | $27.1M | $1.3M | $2.6M |
| 2023 | 215 | $19.4M | $750,650 | $1.5M |
| 2022 | 0 | $6.7M | $246,070 | $458,461 |
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 |
|---|---|---|---|---|
| TWELVE POINTS RETIREMENT ADVISORS | NONE | $56,104 | — | $56,104 |
| THE VANGUARD GROUP, INC. | NONE | $33,340 | — | $33,340 |
| GRAY, GRAY, & GRAY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,444
- Estimated Expense Ratio: 0.329% 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 | $92,211 | $58,871 | $33,340 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |