Plan Snapshot
- Plan Sponsor: The New England Center For Children, INC.
- Sponsor EIN: 042708762
- Sponsor Address: 33 TURNPIKE ROAD, SOUTHBOROUGH, MA, 01772
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,589
- Total Assets: $32.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,589 | $32.8M | $0 | $0 |
| 2024 | 604 | $29.4M | $2.2M | $0 |
| 2023 | 642 | $26.1M | $2.0M | $0 |
| 2022 | 628 | $23.0M | $2.1M | $0 |
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 |
|---|---|---|---|---|
| VOYA RETIREMMENT INSURANCE & ANNUIT | Other Service Provider | $132,692 | — | $132,692 |
| GLOBAL RETIREMENT PARTNERS | Other Service Provider | — | $23,000 | $23,000 |
| ANGELL PENSION GROUP | Recordkeeper | — | $13,941 | $13,941 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,633
- Estimated Expense Ratio: 0.517% 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 |
|---|---|---|---|---|---|
| 2025 | $3,726,373 | — | $132,692 | — | — |
| 2024 | $121,179 | — | $121,179 | — | — |
| 2023 | $104,643 | — | $104,643 | — | — |
| 2022 | $102,425 | — | $102,425 | — | — |