Plan Snapshot
- Plan Sponsor: Rogers Foam Corporation
- Sponsor EIN: 042042125
- Sponsor Address: 20 VERNON ST, SOMERVILLE, MA, 02145
- Plan Type: 401(k)
- Total Participants: 373
- Total Assets: $63.4M
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 | 373 | $63.4M | $3.9M | $1.6M |
| 2023 | 350 | $53.4M | $2.1M | $1.5M |
| 2022 | 341 | $46.1M | $2.9M | $1.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $56,914 | — | $56,914 |
| CAPFINANCIAL PARTNERS | INVESTMENT ADVISOR | $30,736 | — | $30,736 |
| LITMAN | ACCOUNTANT | $13,000 | — | $13,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,819 | — | $9,819 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,469
- Estimated Expense Ratio: 0.174% 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 | $110,469 | $9,819 | — | $13,000 | — |
| 2023 | $74,016 | $27,974 | — | — | — |
| 2022 | $84,115 | $7,822 | — | — | — |