Plan Snapshot
- Plan Sponsor: Manet Community Health Center INC
- Sponsor EIN: 042646695
- Sponsor Address: 110 WEST SQUANTUM STREET, NORTH QUINCY, MA, 02171
- Plan Type: 403(b)
- Total Participants: 167
- Total Assets: $11.3M
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 | 167 | $11.3M | $216,697 | $928,817 |
| 2023 | 166 | $9.5M | $186,246 | $852,427 |
| 2022 | 148 | $7.4M | $148,296 | $770,422 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | RECORD KEEPER | $52,524 | $43 | $52,567 |
| MML INVESTORS SERVICES INC | SERVICE PROVIDER | — | $20,000 | $20,000 |
| COHNREZNICK, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES INC — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,567
- Estimated Expense Ratio: 0.642% 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 | $52,524 | — | $52,274 | — | — |
| 2023 | $40,993 | — | $40,693 | — | — |
| 2022 | $38,197 | — | — | — | — |