Plan Snapshot
- Plan Sponsor: Source Code Holdings LLC
- Sponsor EIN: 824981760
- Sponsor Address: 232 VANDERBILT AVE, NORWOOD, MA, 02062
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $34.7M
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 | 318 | $34.7M | $993,442 | $2.4M |
| 2023 | 267 | $27.2M | $847,085 | $2.1M |
| 2022 | 296 | $21.6M | $846,702 | $2.0M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | OTHER SERVICES | — | $70,899 | $70,899 |
| THE ANGELL PENSION GROUP INC | CONTRACT ADMINISTRATOR | $10,227 | $14,940 | $25,167 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $7,600 | — | $7,600 |
| BDO USA, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — OTHER SERVICES
- BDO USA, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,666
- Estimated Expense Ratio: 0.299% 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 | $17,819 | — | $17,819 | — | — |
| 2023 | $15,690 | — | $15,690 | — | — |
| 2022 | $18,190 | — | — | — | — |