# Suffolk Construction Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/suffolk-construction-company-inc-401k-plan

> Suffolk Construction Company, INC.&#39;s 401(k) plan: 2,173 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Suffolk Construction Company, INC.

- **Sponsor EIN:** 042776356

- **Sponsor Address:** 65 ALLERTON STREET, BOSTON, MA, 02119

- **Plan Type:** 401(k)

- **Total Participants:** 2,173

- **Total Assets:** $336.4M

## 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|2,173|$336.4M|$7.2M|$25.6M|

| 2023|1,935|$280.0M|$7.6M|$23.2M|

| 2022|1,826|$235.6M|$7.1M|$19.8M|

## 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|$114,007|—|$114,007|

| GLOBAL RETIREMENT PARTNERS LLC|ADVISOR|$85,000|—|$85,000|

| STRATEGIC ADVISORS, INC.|ADVISOR|$82,488|—|$82,488|

| RSM US LLP|PLAN ADMINISTRATOR|$35,176|—|$35,176|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [GLOBAL RETIREMENT PARTNERS LLC](https://planprovider.pro/provider/global-retirement-partners-llc) — ADVISOR

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [RSM US LLP](https://planprovider.pro/provider/rsm-us-llp) — PLAN ADMINISTRATOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $316,671

- **Estimated Expense Ratio:** 0.094% 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|$314,993|$167,488|—|$33,498|—|

| 2023|$195,170|$63,706|—|$21,000|—|

| 2022|$12,128|—|—|—|$12,128|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/suffolk-construction-company-inc-401k-plan)

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