Plan Snapshot
- Plan Sponsor: Rightworks, LLC
- Sponsor EIN: 205332205
- Sponsor Address: 300 INNOVATIVE WAY, NASHUA, NH, 03062
- Plan Type: 401(k)
- Total Participants: 656
- Total Assets: $36.8M
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 | 656 | $36.8M | $2.2M | $4.3M |
| 2023 | 617 | $29.3M | $1.8M | $3.7M |
| 2022 | 470 | $19.6M | $1.4M | $2.8M |
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, INC. | INVESTMENT/FINANCIAL ADVI | $51,925 | — | $51,925 |
| ADP, INC. | RECORD KEEPER | $15,578 | — | $15,578 |
| GRANT THORTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH EQUITY SERVICES, INC. — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- GRANT THORTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,503
- Estimated Expense Ratio: 0.183% 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 | $67,505 | — | — | — | — |
| 2023 | $51,220 | $43,100 | — | — | — |
| 2022 | $42,764 | — | — | — | — |