Plan Snapshot
- Plan Sponsor: Monotype Imaging INC.
- Sponsor EIN: 363504053
- Sponsor Address: 600 UNICORN PARK DR, WOBURN, MA, 01801
- Plan Type: 401(k)
- Total Participants: 310
- Total Assets: $91.3M
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 | 310 | $91.3M | $1.1M | $4.0M |
| 2023 | 265 | $86.4M | $468,239 | $3.3M |
| 2022 | 232 | $74.6M | $598,655 | $2.8M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC. | BROKER | $37,500 | — | $37,500 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $14,349 | — | $14,349 |
| BOIVIN & ASSOCIATES | ACCOUNTANT/AUDITOR | $8,500 | — | $8,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC. — BROKER
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BOIVIN & ASSOCIATES — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,349
- Estimated Expense Ratio: 0.066% 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 | $60,349 | — | — | $8,500 | — |
| 2023 | $48,478 | — | — | $8,500 | — |
| 2022 | $31,837 | — | — | — | — |