Plan Snapshot
- Plan Sponsor: Springfield Anesthesia Service, INC
- Sponsor EIN: 042390028
- Sponsor Address: 181 PARK AVENUE - SUITE 5, WEST SPRINGFIELD, MA, 01089
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $80.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 16 | $80.3M | $2.6M | $2.1M |
| 2023 | 101 | $79.9M | $2.8M | $2.1M |
| 2022 | 112 | $65.8M | $5.3M | $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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $212,821 | — | $212,821 |
| TEPLITZKY & COMPANY, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $212,821
- Estimated Expense Ratio: 0.265% 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 | $32,465 | — | — | — | — |
| 2023 | $33,944 | — | — | — | — |
| 2022 | $50,032 | — | — | — | — |