Plan Snapshot
- Plan Sponsor: Polymer Corporation
- Sponsor EIN: 364135155
- Sponsor Address: 180 PLEASANT ST, ROCKLAND, MA, 023701229
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $8.7M
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 | 114 | $8.7M | $83,861 | $405,010 |
| 2023 | 123 | $7.5M | $85,550 | $407,454 |
| 2022 | 127 | $5.1M | $71,931 | $340,933 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | BROKERAGE | — | $32,770 | $32,770 |
| PAYCHEX, INC. | RECORDKEEPER | $13,026 | — | $13,026 |
| CLIFTONLARSONALLEN LLP | Auditor | $12,075 | — | $12,075 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,871
- Estimated Expense Ratio: 0.666% 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 | $26,001 | — | $12,966 | $12,075 | — |
| 2023 | $11,692 | — | $10,732 | — | — |
| 2022 | $10,891 | — | $10,891 | — | — |