Plan Snapshot
- Plan Sponsor: The Cape Cod Five Cents Savings Bank
- Sponsor EIN: 041149070
- Sponsor Address: 1500 IYANNOUGH ROAD, HYANNIS, MA, 02601
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 0 | $0 | $4.0M | $4.9M |
| 2023 | 552 | $115.5M | $3.9M | $4.8M |
| 2022 | 566 | $102.5M | $3.9M | $4.9M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL SECURITIES LLC | INVESTMENT ADVISOR | $149,948 | — | $149,948 |
| WOLF & COMPANY, P.C. | ACCOUNTANT/AUDITOR | $34,000 | — | $34,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $183,948
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 | -$10,962 | $63,858 | — | $18,000 | — |
| 2023 | -$5,885 | $74,974 | — | $17,000 | — |
| 2022 | -$59,496 | — | — | — | — |