Plan Snapshot
- Plan Sponsor: Mountainone Financial, INC
- Sponsor EIN: 043413060
- Sponsor Address: 93 MAIN STREET, NORTH ADAMS, MA, 01247
- Plan Type: 401(k)
- Total Participants: 188
- Total Assets: $28.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 188 | $28.7M | $783,082 | $1.3M |
| 2023 | 172 | $25.1M | $723,416 | $1.2M |
| 2022 | 167 | $22.4M | $697,312 | $1.2M |
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 |
|---|---|---|---|---|
| BAKER NEWMAN & NOYES LLC | 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 | $69,787 | $36,964 | $32,823 | — | — |
| 2023 | $60,344 | $31,833 | $28,511 | — | — |
| 2022 | $58,488 | — | — | — | — |