Plan Snapshot
- Plan Sponsor: Standard Duplicating Machines Corp
- Sponsor EIN: 041862620
- Sponsor Address: 10 CONNECTOR ROAD, ANDOVER, MA, 01810
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 114
- Total Assets: $26.9M
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. |
|---|---|---|---|---|
| 2025 | 114 | $26.9M | $0 | $0 |
| 2024 | 96 | $24.8M | $404,364 | $1.1M |
| 2023 | 100 | $22.5M | $456,564 | $1.1M |
| 2022 | 106 | $19.2M | $308,479 | $904,684 |
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 |
|---|---|---|---|---|
| DAVINCI CAPITAL MANAGEMENT, INC. | Other Service Provider | $47,675 | — | $47,675 |
| STANCORP FINANCIAL GROUP | Other Service Provider | $46,836 | — | $46,836 |
| CHARLES SCHWAB TRUST BANK | Other Service Provider | — | $8,490 | $8,490 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,001
- Estimated Expense Ratio: 0.383% 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 |
|---|---|---|---|---|---|
| 2025 | $3,096,202 | $47,675 | $46,837 | — | — |
| 2024 | $90,912 | $45,763 | $45,149 | — | — |
| 2023 | $77,739 | $39,761 | $37,978 | — | — |
| 2022 | $1,152,209 | — | — | — | — |