Plan Snapshot
- Plan Sponsor: The Talbots, LLC
- Sponsor EIN: 411111318
- Sponsor Address: ONE TALBOTS DRIVE, HINGHAM, MA, 020431583
- Plan Type: DB
- Total Participants: 244
- Total Assets: $53.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 244 | $53.6M | $2.7M | $0 |
| 2023 | 288 | $56.4M | $4.0M | $0 |
| 2022 | 314 | $54.0M | $683,186 | $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 |
|---|---|---|---|---|
| OCTOBER THREE CONSULTING LLC | NONE | $511,197 | — | $511,197 |
| WILLIS TOWERS WATSON US LLC. | NONE | $229,734 | — | $229,734 |
| CBIZ CPAS, P.C. | Auditor | $71,205 | — | $71,205 |
| STATE STREET GLOBAL ADVISORS TRUST | NONE | $49,252 | — | $49,252 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $861,388
- Estimated Expense Ratio: 1.608% 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 | $874,796 | — | — | $71,205 | — |
| 2023 | $1,433,247 | — | — | $22,570 | — |
| 2022 | $2,300,174 | $35,748 | $21,882 | — | $1,097,610 |