Plan Snapshot
- Plan Sponsor: Mapfre U.S.A. Corp.
- Sponsor EIN: 042599931
- Sponsor Address: 211 MAIN STREET, WEBSTER, MA, 01570
- Plan Type: DC
- Total Participants: 1,982
- Total Assets: $517.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,982 | $517.5M | $9.4M | $14.2M |
| 2023 | 2,043 | $472.1M | $9.2M | $13.7M |
| 2022 | 2,120 | $408.1M | $9.1M | $13.5M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $118,868 | — | $118,868 |
| FIDUCIENT ADVISORS | INVESTMENT ADVISOR | $48,750 | — | $48,750 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $11,361 | — | $11,361 |
| GRAY, GRAY & GRAY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,979
- Estimated Expense Ratio: 0.035% 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 | $178,253 | $118,868 | $300 | — | — |
| 2023 | $102,076 | $87,397 | — | — | — |
| 2022 | $67,009 | $49,926 | — | — | — |