Plan Snapshot
- Plan Sponsor: Proctor Academy
- Sponsor EIN: 020222179
- Sponsor Address: 204 MAIN STREET, ANDOVER, NH, 03216
- Plan Type: 401(k)
- Total Participants: 266
- Total Assets: $22.3M
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 | 266 | $22.3M | $716,161 | $1.0M |
| 2023 | 276 | $20.1M | $718,578 | $992,060 |
| 2022 | 266 | $16.1M | $662,729 | $967,944 |
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 |
|---|---|---|---|---|
| TSS FINANCIAL PARTNERS, 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 | $81,114 | — | $81,114 | — | — |
| 2023 | $61,889 | — | — | — | — |
| 2022 | $14,108 | — | — | — | — |