Plan Snapshot
- Plan Sponsor: Prattville Machine And Tool Company, INC.
- Sponsor EIN: 042479433
- Sponsor Address: 240 JUBILEE DRIVE, #2, PEABODY, MA, 01960
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $9.2M
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 | 105 | $9.2M | $257,627 | $389,700 |
| 2023 | 102 | $8.3M | $260,704 | $362,321 |
| 2022 | 113 | $7.1M | $275,319 | $356,196 |
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 |
|---|---|---|---|---|
| WITHUMSMITH & BROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH & BROWN — Auditor
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 | $58,476 | — | — | — | — |
| 2023 | $51,152 | — | $51,152 | — | — |
| 2022 | $49,168 | $20,321 | $28,847 | — | — |