Plan Snapshot
- Plan Sponsor: Minuteman Security Technologies, INC.
- Sponsor EIN: 043025865
- Sponsor Address: 1 CONNECTOR ROAD, ANDOVER, MA, 01810
- Plan Type: 401(k)
- Total Participants: 332
- Total Assets: $14.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 332 | $14.8M | $638,975 | $1.3M |
| 2023 | 146 | $9.3M | $453,883 | $912,075 |
| 2022 | 132 | $7.2M | $408,618 | $817,652 |
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 |
|---|---|---|---|---|
| PLANTE MORAN | Auditor | — | — | $0 |
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 | $5,053 | — | $5,053 | — | — |
| 2023 | $6,220 | — | $6,220 | — | — |
| 2022 | $3,741 | — | $3,616 | — | — |