Plan Snapshot
- Plan Sponsor: Newbury Comics, INC.
- Sponsor EIN: 042744540
- Sponsor Address: 5 GUEST STREET, BRIGHTON, MA, 02135
- Plan Type: 401(k)
- Total Participants: 191
- Total Assets: $29.6M
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 | 191 | $29.6M | $235,931 | $468,548 |
| 2023 | 211 | $25.9M | $243,209 | $445,342 |
| 2022 | 226 | $21.2M | $243,060 | $442,740 |
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 |
|---|---|---|---|---|
| OSAIC WEALTH INC. | INVESTMENT/FINANCIAL ADVI | $25,017 | — | $25,017 |
| ADP, INC. | RECORD KEEPER | $12,877 | — | $12,877 |
| WORTHINGTON HUGHES & HOAR P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH INC. — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- WORTHINGTON HUGHES & HOAR P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,894
- Estimated Expense Ratio: 0.128% 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 | $37,895 | $25,017 | — | — | — |
| 2023 | $35,065 | $25,000 | — | — | — |
| 2022 | $33,849 | — | — | — | — |