Plan Snapshot
- Plan Sponsor: Symmes Maini & Mckee Assoc. INC.
- Sponsor EIN: 042745179
- Sponsor Address: 1000 MASSACHUSETTS AVE., CAMBRIDGE, MA, 02138
- Plan Type: 401(k)
- Total Participants: 209
- Total Assets: $63.2M
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 | 209 | $63.2M | $866,742 | $2.4M |
| 2023 | 191 | $56.0M | $1.2M | $2.3M |
| 2022 | 210 | $47.3M | $778,082 | $2.1M |
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 |
|---|---|---|---|---|
| J ALDEN ASSOCIATES INC | BROKER/ADVISER | — | $119,044 | $119,044 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $90,829 | — | $90,829 |
| THE PARAGON ALLIANCE GROUP LLC | CONTRACT ADMIN | $15,018 | $22,970 | $37,988 |
| KING MCNAMARA AND MORIARTY LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $247,861
- Estimated Expense Ratio: 0.392% 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 | $89,286 | — | $89,286 | — | — |
| 2023 | $1,121 | — | $1,121 | — | — |
| 2022 | $625 | — | $625 | — | — |