Plan Snapshot
- Plan Sponsor: Strategic Risk Solutions, INC
- Sponsor EIN: 043199991
- Sponsor Address: 2352 MAIN STREET, CONCORD, MA, 01742
- Plan Type: DC
- Total Participants: 118
- Total Assets: $25.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 118 | $25.7M | $589,904 | $1.7M |
| 2023 | 90 | $19.9M | $461,732 | $1.3M |
| 2022 | 95 | $15.7M | $433,530 | $1.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,033 | — | $27,033 |
| GUIDANCE POINT RETIREMENT SERVICES | ADVISOR | $6,500 | — | $6,500 |
| TAWNEY, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- TAWNEY, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,533
- Estimated Expense Ratio: 0.130% 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 | $35,398 | $8,365 | — | — | — |
| 2023 | $934,189 | — | $30,529 | — | — |
| 2022 | $43,636 | — | $32,809 | — | — |