Plan Snapshot
- Plan Sponsor: New England Controls, INC.
- Sponsor EIN: 042389826
- Sponsor Address: 325 FOXBOROUGH BOULEVARD, FOXBOROUGH, MA, 02035
- Plan Type: 401(k)
- Total Participants: 437
- Total Assets: $40.3M
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 | 437 | $40.3M | $0 | $3.6M |
| 2023 | 479 | $38.6M | $0 | $3.8M |
| 2022 | 482 | $33.6M | $0 | $3.4M |
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 |
|---|---|---|---|---|
| KAHN, LITWIN, RENZA & CO., LTD | 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 | $107,226 | — | $107,226 | — | — |
| 2023 | $32,562 | — | $32,562 | — | — |
| 2022 | $6,033 | — | $6,033 | — | — |