Plan Snapshot
- Plan Sponsor: Lutco, INC.
- Sponsor EIN: 042015830
- Sponsor Address: 677 CAMBRIDGE STREET, WORCESTER, MA, 016102664
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $12.0M
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 | 104 | $12.0M | $73,447 | $488,961 |
| 2023 | 124 | $11.2M | $74,380 | $470,937 |
| 2022 | 127 | $9.6M | $141,335 | $488,328 |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
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 | $59,001 | $27,987 | — | — | — |
| 2023 | $31,909 | $24,881 | — | — | — |
| 2022 | $37,903 | — | $37,903 | — | — |