Plan Snapshot
- Plan Sponsor: Physical Sciences INC.
- Sponsor EIN: 042517090
- Sponsor Address: 20 NEW ENGLAND BUSINESS CENTER, ANDOVER, MA, 018101022
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 260
- Total Assets: $79.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 260 | $79.2M | $0 | $3.3M |
| 2023 | 268 | $72.2M | $0 | $3.0M |
| 2022 | 247 | $63.7M | $0 | $2.8M |
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 |
|---|---|---|---|---|
| GRAY GRAY & GRAY, 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 | -$23,080 | $4,580 | — | — | — |
| 2023 | -$22,929 | $4,746 | — | — | — |
| 2022 | -$21,990 | $5,482 | — | — | — |