Plan Snapshot
- Plan Sponsor: Microdesk, LLC.
- Sponsor EIN: 043238199
- Sponsor Address: 10 TARA BOULEVARD, SUITE 420, NASHUA, NH, 03062
- Plan Type: 401(k)
- Total Participants: 424
- Total Assets: $37.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 424 | $37.7M | $1.3M | $3.6M |
| 2023 | 406 | $30.7M | $888,094 | $2.7M |
| 2022 | 251 | $21.0M | $773,984 | $2.3M |
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 |
|---|---|---|---|---|
| CERITY PARTNERS RETIREMENT PLAN | Investment Advisor | $63,901 | — | $63,901 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $44,979 | — | $44,979 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $9,225 | — | $9,225 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $118,105
- Estimated Expense Ratio: 0.313% 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 | $118,105 | $73,126 | — | — | — |
| 2023 | $85,358 | $49,953 | — | — | — |
| 2022 | $48,118 | $4,132 | — | — | — |