Plan Snapshot
- Plan Sponsor: Massachusetts Society For The Prevention Of Cruelty To Animals
- Sponsor EIN: 042103597
- Sponsor Address: 350 S HUNTINGTON AVENUE, BOSTON, MA, 021304803
- Plan Type: 403(b)
- Total Participants: 840
- Total Assets: $87.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 840 | $87.5M | $2.6M | $4.1M |
| 2023 | 799 | $74.2M | $2.4M | $3.7M |
| 2022 | 716 | $57.9M | $2.1M | $3.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE CO | CONTRACT ADMINISTRATOR | $87,809 | — | $87,809 |
| THE ANGELL PENSION GROUP, INC. | OTHER SERVICES | — | $24,891 | $24,891 |
| GALLAGHER FIDUCIARY | INVESTMENT ADVISORY | $22,500 | — | $22,500 |
| CARON & BLETZER, PLLC | ACCOUNTANT | $14,800 | — | $14,800 |
| FIDELITY INVEST INSTIT OPER CO LLC | RECORDKEEPER | $6,073 | — | $6,073 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY — INVESTMENT ADVISORY
- CARON & BLETZER, PLLC — ACCOUNTANT
- FIDELITY INVEST INSTIT OPER CO LLC — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $156,073
- Estimated Expense Ratio: 0.178% 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 | $131,542 | — | $111,806 | — | — |
| 2023 | $121,526 | — | $67,537 | — | — |
| 2022 | $77,052 | $39,639 | $13,434 | — | — |