Plan Snapshot
- Plan Sponsor: Teach Plus Incorporated
- Sponsor EIN: 263849472
- Sponsor Address: ONE BEACON STREET, BOSTON, MA, 02108
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 129
- Total Assets: $6.6M
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. |
|---|---|---|---|---|
| 2025 | 129 | $6.6M | $0 | $0 |
| 2024 | 76 | $6.0M | $233,557 | $501,357 |
| 2023 | 75 | $4.9M | $218,728 | $432,302 |
| 2022 | 68 | $3.4M | $192,282 | $376,804 |
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 |
|---|---|---|---|---|
| AAFCPA | 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 |
|---|---|---|---|---|---|
| 2025 | $1,081,802 | — | — | — | — |
| 2024 | $2,160 | — | — | — | — |
| 2023 | $52,840 | — | — | — | — |
| 2022 | $124,608 | — | — | — | — |