Plan Snapshot
- Plan Sponsor: Sterling And Francine Clark Art Institute
- Sponsor EIN: 042163004
- Sponsor Address: 225 SOUTH STREET, WILLIAMSTOWN, MA, 01267
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 266
- Total Assets: $42.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 266 | $42.3M | $0 | $0 |
| 2024 | 113 | $40.7M | $594,932 | $735,353 |
| 2023 | 108 | $29.6M | $605,177 | $756,409 |
| 2022 | 135 | $25.9M | $522,495 | $648,561 |
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 |
|---|---|---|---|---|
| CARON & BLETZER 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 | $5,309,374 | — | $716 | — | — |
| 2024 | $850 | — | — | — | — |
| 2023 | $575 | — | — | — | — |
| 2022 | $400 | — | — | — | — |