Plan Snapshot
- Plan Sponsor: Shields Health Solutions Holdings, LLC
- Sponsor EIN: 301194514
- Sponsor Address: 100 TECHNOLOGY CENTER DRIVE, STOUGHTON, MA, 02072
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 3,488
- Total Assets: $124.2M
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. |
|---|---|---|---|---|
| 2025 | 3,488 | $124.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | Recordkeeper | $82,827 | — | $82,827 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $81,959 | — | $81,959 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $164,786
- Estimated Expense Ratio: 0.133% 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 |
|---|---|---|---|---|---|
| 2025 | $9,994,734 | $71,028 | — | — | — |