Plan Snapshot
- Plan Sponsor: Payette Associates INC.
- Sponsor EIN: 042379313
- Sponsor Address: 290 CONGRESS STREET 5TH FLOOR, BOSTON, MA, 02210
- Plan Type: 401(k)
- Total Participants: 198
- Total Assets: $48.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 198 | $48.6M | $284,833 | $2.2M |
| 2023 | 183 | $40.9M | $261,344 | $2.0M |
| 2022 | 177 | $33.7M | $217,558 | $1.8M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | -$2,118 | $7,675 | — | — | — |
| 2023 | $7,376 | $6,132 | $300 | — | — |
| 2022 | $5,253 | $4,403 | — | — | — |