Plan Snapshot
- Plan Sponsor: Standard Duplicating Machines Corp
- Sponsor EIN: 041862620
- Sponsor Address: 10 CONNECTOR ROAD, ANDOVER, MA, 01810
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $24.8M
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 | 96 | $24.8M | $404,364 | $1.1M |
| 2023 | 100 | $22.5M | $456,564 | $1.1M |
| 2022 | 127 | $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. | NONE | $45,763 | — | $45,763 |
| STANCORP FINANCIAL GROUP | NONE | $45,149 | — | $45,149 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $7,998 | $7,998 |
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- CHARLES SCHWAB TRUST BANK — NONE
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,910
- Estimated Expense Ratio: 0.399% 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 | $90,912 | $45,763 | $45,149 | — | — |
| 2023 | $77,739 | $39,761 | $37,978 | — | — |
| 2022 | — | — | — | — | — |