Plan Snapshot
- Plan Sponsor: Starkweather & Shepley Insurance Brokerage, INC.
- Sponsor EIN: 050222530
- Sponsor Address: 60 CATAMORE BOULEVARD, EAST PROVIDENCE, RI, 02914
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $84.8M
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 | 324 | $84.8M | $4.5M | $3.0M |
| 2023 | 321 | $76.5M | $4.2M | $2.8M |
| 2022 | 310 | $62.5M | $3.3M | $2.3M |
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 |
|---|---|---|---|---|
| SANSIVERI, KIMBALL & CO., LLP | Auditor | $16,500 | — | $16,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SANSIVERI, KIMBALL & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,500
- Estimated Expense Ratio: 0.019% 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 | $106,525 | $45,105 | — | $16,500 | — |
| 2023 | $98,101 | $26,949 | — | $19,000 | — |
| 2022 | $91,731 | $50,927 | — | — | $18,000 |