Plan Snapshot
- Plan Sponsor: Summit Packaging Systems, LLC
- Sponsor EIN: 020325133
- Sponsor Address: 400 GAY ST., MANCHESTER, NH, 03103
- Plan Type: 401(k)
- Total Participants: 661
- Total Assets: $34.6M
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 | 661 | $34.6M | $426,713 | $1.6M |
| 2023 | 621 | $33.5M | $410,188 | $1.5M |
| 2022 | 612 | $29.0M | $392,484 | $1.4M |
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 |
|---|---|---|---|---|
| BAKER NEWMAN & NOYES LLC | 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 |
|---|---|---|---|---|---|
| 2024 | $29,305 | — | — | — | — |
| 2023 | $6,231 | — | — | — | — |
| 2022 | $6,333 | — | — | — | — |