Plan Snapshot
- Plan Sponsor: Sterilite Corporation And Subsidiaries
- Sponsor EIN: 042022262
- Sponsor Address: 30 SCALES LANE, TOWNSEND, MA, 01469
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 2,825
- Total Assets: $208.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 2,825 | $208.5M | $0 | $0 |
| 2024 | 2,351 | $175.5M | $5.5M | $10.9M |
| 2023 | 2,459 | $147.4M | $5.4M | $10.4M |
| 2022 | 2,541 | $117.1M | $5.0M | $9.7M |
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 |
|---|---|---|---|---|
| BOIVIN & ASSOCIATES, CPAS, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $16,377,904 | — | $300 | — | — |
| 2024 | -$101,088 | — | $300 | — | — |
| 2023 | -$37,207 | — | — | — | — |
| 2022 | $9,450 | — | — | — | — |