Plan Snapshot
- Plan Sponsor: Miniluxe, INC.
- Sponsor EIN: 204760849
- Sponsor Address: 1 FANEUIL HALL SQUARE 7TH FLOOR, BOSTON, MA, 02109
- Plan Type: 401(k)
- Total Participants: 271
- Total Assets: $2.7M
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 | 271 | $2.7M | $0 | $556,280 |
| 2023 | 287 | $2.0M | $0 | $564,348 |
| 2022 | 191 | $1.3M | $0 | $517,060 |
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 |
|---|---|---|---|---|
| MAYFLOWER FINANCIAL ADVISORS, LLC | Investment Advisor | $5,342 | — | $5,342 |
| ADP, INC. | Recordkeeper | $5,144 | — | $5,144 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,486
- Estimated Expense Ratio: 0.384% 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 | $10,488 | $5,343 | — | — | — |
| 2023 | $7,617 | — | — | — | — |
| 2022 | $7,477 | — | — | — | — |