Plan Snapshot
- Plan Sponsor: Metrolube Enterprises, INC.
- Sponsor EIN: 550844814
- Sponsor Address: 132 TURNPIKE ROAD, SOUTHBOROUGH, MA, 01772
- Plan Type: 401(k)
- Total Participants: 555
- Total Assets: $3.5M
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 | 555 | $3.5M | $181,071 | $687,600 |
| 2023 | 425 | $3.1M | $145,949 | $624,075 |
| 2022 | 327 | $2.3M | $129,574 | $572,281 |
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 | $50,917 | $1,496 | — | — | — |
| 2023 | $40,625 | $1,603 | — | — | — |
| 2022 | $34,749 | $1,251 | — | — | — |