Plan Snapshot
- Plan Sponsor: Litmangerson Associates, LLP Salary Reduction Plan
- Sponsor EIN: 042694095
- Sponsor Address: 500 WEST CUMMINGS PARK, SUITE 5650, WOBURN, MA, 01801
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $20.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 146 | $20.3M | $641,656 | $1.5M |
| 2023 | 132 | $17.2M | $587,086 | $1.3M |
| 2022 | 115 | $12.6M | $444,757 | $957,122 |
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 |
|---|---|---|---|---|
| WOJESKI & COMPANY CPAS, P.C. | 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 | $49,209 | $34,296 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |