Plan Snapshot
- Plan Sponsor: Resonetics, LLC
- Sponsor EIN: 260869685
- Sponsor Address: 26 WHIPPLE STREET, NASHUA, NH, 03060
- Plan Type: 401(k)
- Total Participants: 1,100
- Total Assets: $60.2M
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 | 1,100 | $60.2M | $4.0M | $6.6M |
| 2023 | 980 | $45.5M | $3.7M | $5.9M |
| 2022 | 941 | $34.2M | $3.4M | $5.5M |
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 | 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 | $64,952 | $51,796 | — | — | — |
| 2023 | $47,966 | $37,697 | $300 | — | — |
| 2022 | $50,033 | — | — | — | — |