Plan Snapshot
- Plan Sponsor: Risk Management Foundation Of The Harvard Medical Institutions, INC.
- Sponsor EIN: 042667811
- Sponsor Address: 1325 BOYLSTON STREET, BOSTON, MA, 02215
- Plan Type: 401(k)
- Total Participants: 174
- Total Assets: $83.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 174 | $83.9M | $2.1M | $2.2M |
| 2023 | 171 | $74.1M | $2.0M | $2.2M |
| 2022 | 173 | $64.0M | $2.0M | $2.1M |
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 | $4,056 | — | — | — | — |
| 2023 | $26,868 | — | — | — | — |
| 2022 | $67,997 | — | — | — | $64,417 |