Plan Snapshot
- Plan Sponsor: Southworth Development LLC
- Sponsor EIN: 202759238
- Sponsor Address: 130 WILLOWBEND DRIVE, MASHPEE, MA, 02649
- Plan Type: 401(k)
- Total Participants: 349
- Total Assets: $12.3M
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 | 349 | $12.3M | $446,841 | $949,737 |
| 2023 | 273 | $10.1M | $333,052 | $766,628 |
| 2022 | 142 | $9.0M | $313,734 | $694,685 |
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 |
|---|---|---|---|---|
| BOIVIN & ASSOCIATES, CPA'S PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOIVIN & ASSOCIATES, CPA'S PLLC — Auditor
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 | $34,021 | $18,555 | — | — | — |
| 2023 | $48,994 | — | — | — | — |
| 2022 | $46,535 | $22,306 | $24,229 | — | — |