Plan Snapshot
- Plan Sponsor: Umass Memorial Shields Pharmacy LLC
- Sponsor EIN: 453841517
- Sponsor Address: 100 TECHNOLOGY CENTER DR., STOUGHTON, MA, 02072
- Plan Type: 401(k)
- Total Participants: 2,566
- Total Assets: $88.2M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,566 | $88.2M | $5.6M | $13.6M |
| 2023 | 2,057 | $62.4M | $4.8M | $11.5M |
| 2022 | 1,845 | $40.6M | $4.2M | $9.6M |
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 |
|---|---|---|---|---|
| LEONARD, MULHERIN & GREENE, 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 | $218,576 | — | $171,556 | — | — |
| 2023 | $170,651 | — | $131,257 | — | — |
| 2022 | $127,218 | $127,218 | — | — | — |