Plan Snapshot
- Plan Sponsor: Little Sprouts, LLC
- Sponsor EIN: 460874341
- Sponsor Address: 354 MERRIMACK STREET, LAWRENCE, MA, 01843
- Plan Type: 401(k)
- Total Participants: 891
- Total Assets: $11.1M
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 | 891 | $11.1M | $729,858 | $1.4M |
| 2023 | 908 | $9.0M | $464,409 | $1.3M |
| 2022 | 814 | $7.2M | $272,251 | $830,334 |
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 |
|---|---|---|---|---|
| GRAY, GRAY, & GRAY, 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 | $38,651 | — | $38,651 | — | — |
| 2023 | $54,990 | — | $54,990 | — | — |
| 2022 | $42,190 | — | $42,190 | — | — |