Plan Snapshot
- Plan Sponsor: The Carroll School
- Sponsor EIN: 042145258
- Sponsor Address: 25 BAKER BRIDGE ROAD, LINCOLN, MA, 01773
- Plan Type: 403(b)
- Total Participants: 225
- Total Assets: $34.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 225 | $34.9M | $737,246 | $1.7M |
| 2023 | 221 | $31.8M | $653,226 | $1.6M |
| 2022 | 206 | $27.6M | $584,461 | $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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | RECORDKEEPER | $32,298 | $32,427 | $64,725 |
| LEONARD, MULHERIN & GREENE, P.C. | Auditor | $32,298 | — | $32,298 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,023
- Estimated Expense Ratio: 0.278% 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 | $32,791 | — | $13 | $32,298 | — |
| 2023 | $39,370 | — | — | — | — |
| 2022 | $31,367 | — | — | — | — |