Plan Snapshot
- Plan Sponsor: Specialty Commerce Corp.
- Sponsor EIN: 133507136
- Sponsor Address: 400 MANLEY ST, W BRIDGEWATER, MA, 02379
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $16.1M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 119 | $16.1M | $302,408 | $613,247 |
| 2023 | 132 | $15.2M | $338,202 | $632,697 |
| 2022 | 141 | $13.2M | $327,874 | $613,630 |
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 |
|---|---|---|---|---|
| WS CPAS, P.C | Auditor | — | — | $0 |
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 | $53,537 | $26,422 | — | — | — |
| 2023 | $48,867 | $23,351 | — | — | — |
| 2022 | $50,084 | — | — | — | — |