Plan Snapshot
- Plan Sponsor: Red Thread Spaces LLC
- Sponsor EIN: 043481341
- Sponsor Address: 22 BOSTON WHARF ROAD, BOSTON, MA, 022101101
- Plan Type: 401(k)
- Total Participants: 328
- Total Assets: $58.0M
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. |
|---|---|---|---|---|
| 2025 | 328 | $58.0M | $0 | $0 |
| 2024 | 326 | $52.0M | $0 | $0 |
| 2023 | 325 | $45.4M | $0 | $0 |
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 | $18,246 | — | $18,246 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRAY, GRAY & GRAY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,246
- Estimated Expense Ratio: 0.031% 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 |
|---|---|---|---|---|---|
| 2025 | $79,326 | $30,000 | — | $18,246 | — |
| 2024 | $82,169 | $30,000 | — | $21,000 | — |
| 2023 | $79,774 | $30,000 | $29,354 | — | $20,120 |