# Shawmut Group INC. 401(k) Plan
Source: https://planprovider.pro/companies/shawmut-group-inc-401k-plan

> Shawmut Group INC.'s 401(k) plan: 971 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Shawmut Group INC.

- **Sponsor EIN:** 813645861

- **Sponsor Address:** 560 HARRISON AVENUE, BOSTON, MA, 02118

- **Plan Type:** 401(k)

- **Total Participants:** 971

- **Total Assets:** $188.1M

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|971|$188.1M|$3.5M|$10.4M|

| 2023|867|$158.8M|$3.0M|$8.9M|

| 2022|820|$135.7M|$2.8M|$8.2M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$289,181|—|$289,181|

| MORGAN STANLEY GLOBAL BANKING OPERA|INVESTMENT ADVISORY|—|$75,000|$75,000|

| CROWE LLP|ACCOUNTANT|—|$20,000|$20,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MORGAN STANLEY GLOBAL BANKING OPERA](https://planprovider.pro/provider/jp-morgan-asset-management) — INVESTMENT ADVISORY

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $384,181

- **Estimated Expense Ratio:** 0.204% 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|$289,181|—|$289,181|—|—|

| 2023|$281,511|—|$281,511|—|—|

| 2022|$257,157|—|$257,157|—|—|

## Similar Plans

- [Consigli Building Group, INC.](https://planprovider.pro/companies/consigli-building-group-inc-plan) — 1,634 participants

- [Consigli Construction Co., INC.](https://planprovider.pro/companies/consigli-construction-co-inc-401k-plan) — 1,808 participants

- [Board Of Trustees Iron Workers](https://planprovider.pro/companies/board-of-trustees-iron-workers-plan-001-1016) — 2,142 participants

- [Suffolk Construction Company, INC.](https://planprovider.pro/companies/suffolk-construction-company-inc-401k-plan) — 2,173 participants

- [Board Of Trustees Iron Workers](https://planprovider.pro/companies/board-of-trustees-iron-workers-plan-001-7320) — 7,844 participants

- [Board Of Trustees Of Massachusetts Laborers' Pension Fund](https://planprovider.pro/companies/board-of-trustees-of-massachusetts-laborers-pension-fund-plan) — 10,031 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/shawmut-group-inc-401k-plan)

© 2026 PlanProvider.Pro