Plan Snapshot
- Plan Sponsor: Platinum Fire Protection & Services, LLC
- Sponsor EIN: 274007186
- Sponsor Address: 34 SAINT MARTIN DRIVE, SUITE 12, MARLBOROUGH, MA, 01752
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $2.4M
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 | 130 | $2.4M | $30,288 | $390,152 |
| 2023 | 100 | $2.0M | $29,650 | $339,270 |
| 2022 | 135 | $1.6M | $39,166 | $326,470 |
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 |
|---|---|---|---|---|
| STOWE & DEGON LLC | Auditor | $14,600 | — | $14,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STOWE & DEGON LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,600
- Estimated Expense Ratio: 0.600% 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 | $47,793 | $10,350 | $3,901 | $14,600 | — |
| 2023 | $33,424 | $7,138 | $2,060 | $14,100 | — |
| 2022 | $59,506 | — | — | — | — |