Plan Snapshot
- Plan Sponsor: Lowell Community Health Center, INC.
- Sponsor EIN: 042881348
- Sponsor Address: 161 JACKSON STREET, LOWELL, MA, 01852
- Plan Type: 403(b)
- Total Participants: 566
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 566 | $12.5M | $0 | $1.6M |
| 2023 | 547 | $10.7M | $0 | $1.2M |
| 2022 | 497 | $8.3M | $0 | $1.1M |
| 2021 | 423 | $9.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| AAFCPAS, INC. | 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 | $7,107 | $2,985 | — | — | — |
| 2023 | $3,762 | $3,224 | — | — | — |
| 2022 | $2,856 | — | $2,856 | — | — |
| 2021 | $3,262 | — | $2,724 | — | — |