Plan Snapshot
- Plan Sponsor: Sprinkler Fitters And Apprentices
- Sponsor EIN: 900450042
- Sponsor Address: 46 ROCKLAND STREET, BOSTON, MA, 02132
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 245
- Total Assets: $237,637
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 245 | $237,637 | $0 | $1.6M |
| 2023 | 272 | $185,953 | $0 | $1.5M |
| 2022 | 273 | $250,058 | $0 | $1.6M |
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 |
|---|---|---|---|---|
| GOULET, SALVIDIO AND ASSOICATES | Auditor | $15,500 | — | $15,500 |
| UNION LOCAL NUMBER 550 | Recordkeeper | $14,000 | — | $14,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,500
- Estimated Expense Ratio: 12.414% 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 | $29,500 | — | — | $15,500 | — |
| 2023 | $27,490 | — | — | — | — |
| 2022 | $25,669 | — | — | — | $14,450 |