Plan Snapshot
- Plan Sponsor: Straumann Manufacturing, INC.
- Sponsor EIN: 202613644
- Sponsor Address: 60 MINUTEMAN ROAD, ANDOVER, MA, 01810
- Plan Type: 401(k)
- Total Participants: 1,418
- Total Assets: $164.5M
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 | 1,418 | $164.5M | $5.5M | $13.0M |
| 2023 | 1,379 | $138.6M | $5.1M | $11.7M |
| 2022 | 1,342 | $108.0M | $4.8M | $10.6M |
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 | $134,106 | — | $134,106 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $72,851 | — | $72,851 |
| UBS FINANCIAL SERVICES INC | CONSULTANT | $45,000 | — | $45,000 |
| BOIVIN & ASSOCIATES, CPAS, PLLC | Auditor | $4,500 | — | $4,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- UBS FINANCIAL SERVICES INC — CONSULTANT
- BOIVIN & ASSOCIATES, CPAS, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $256,457
- Estimated Expense Ratio: 0.156% 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 | $256,457 | $72,851 | $600 | $4,500 | — |
| 2023 | $202,320 | $53,448 | — | — | — |
| 2022 | $202,392 | $47,569 | — | — | — |