Plan Snapshot
- Plan Sponsor: Motional Ad, INC.
- Sponsor EIN: 473952152
- Sponsor Address: 100 NORTHERN AVENUE, BOSTON, MA, 02210
- Plan Type: 401(k)
- Total Participants: 688
- Total Assets: $110.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 688 | $110.1M | $6.8M | $12.6M |
| 2023 | 1,137 | $97.4M | $13.4M | $16.1M |
| 2022 | 1,135 | $55.9M | $11.0M | $13.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $43,091 | — | $43,091 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $23,749 | — | $23,749 |
| MCSOLEY MCCOY & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,840
- Estimated Expense Ratio: 0.061% 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 | $65,905 | $23,749 | — | — | — |
| 2023 | $44,489 | $18,392 | — | — | — |
| 2022 | $32,269 | $8,971 | — | — | — |