Plan Snapshot
- Plan Sponsor: New England Wire Technologies Corp.
- Sponsor EIN: 020171141
- Sponsor Address: 130 NORTH MAIN STREET, LISBON, NH, 03585
- Plan Type: 401(k)
- Total Participants: 404
- Total Assets: $30.7M
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 | 404 | $30.7M | $485,900 | $1.6M |
| 2023 | 396 | $27.0M | $485,127 | $1.5M |
| 2022 | 375 | $23.2M | $467,702 | $1.3M |
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 |
|---|---|---|---|---|
| HALLISEY & D'AGOSTION, LLP | 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 | $85,260 | $26,091 | $46,210 | — | — |
| 2023 | $60,719 | $22,800 | $37,919 | — | — |
| 2022 | $64,968 | $24,585 | $40,383 | — | — |