Plan Snapshot
- Plan Sponsor: Ontario Systems, LLC
- Sponsor EIN: 753122530
- Sponsor Address: 700 DISTRICT AVE, STE 900, BURLINGTON, MA, 01803
- Plan Type: 401(k)
- Total Participants: 331
- Total Assets: $72.1M
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 | 331 | $72.1M | $955,234 | $4.0M |
| 2023 | 484 | $67.6M | $1.3M | $5.0M |
| 2022 | 503 | $57.6M | $1.1M | $4.9M |
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 | $64,309 | — | $64,309 |
| PROCOURSE FIDUCIARY ADVISORS LLC | ADVISOR\INVESTMENT ADV | $43,333 | — | $43,333 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $19,065 | — | $19,065 |
| KATZ SAPPER MILLER, LLP | 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
- KATZ SAPPER MILLER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,707
- Estimated Expense Ratio: 0.176% 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 | $126,707 | $62,398 | $1,200 | — | — |
| 2023 | $69,571 | $15,672 | — | — | — |
| 2022 | $88,331 | $17,062 | — | — | — |