Plan Snapshot
- Plan Sponsor: Tonneson & Company, PC
- Sponsor EIN: 042943536
- Sponsor Address: 401 EDGEWATER PLACE, WAKEFIELD, MA, 01880
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 95 | $30.0M | $416,906 | $1.2M |
| 2023 | 94 | $27.4M | $466,802 | $1.1M |
| 2022 | 87 | $22.3M | $404,188 | $866,360 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $23,564 | — | $23,564 |
| SENTINEL SECURITIES INC | Investment Advisor | $8,431 | — | $8,431 |
| TRIAD ADVISORS LLC | Investment Advisor | — | $8,116 | $8,116 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- SENTINEL SECURITIES INC — Investment Advisor
- TRIAD ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,111
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 | $35,198,851 | $27,952 | — | $14,861 | — |
| 2024 | $31,995 | $8,431 | — | — | — |
| 2023 | $391,019 | — | — | — | — |
| 2022 | $2,252,242 | — | — | — | — |