Plan Snapshot
- Plan Sponsor: The Talbots LLC
- Sponsor EIN: 411111318
- Sponsor Address: ONE TALBOTS DRIVE, HINGHAM, MA, 02043
- Plan Type: 401(k)
- Total Participants: 4,829
- Total Assets: $236.6M
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. |
|---|---|---|---|---|
| 2024 | 4,829 | $236.6M | $2.4M | $10.7M |
| 2023 | 6,251 | $219.1M | $2.4M | $10.4M |
| 2022 | 4,386 | $187.5M | $2.3M | $10.0M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 |
|---|---|---|---|---|---|
| 2024 | $591,184 | $116,774 | — | — | — |
| 2023 | $537,822 | $96,886 | — | $22,845 | — |
| 2022 | $363,202 | $294,383 | $60,064 | — | $8,755 |