Plan Snapshot
- Plan Sponsor: Unifirst Corporation
- Sponsor EIN: 042103460
- Sponsor Address: 68 JONSPIN ROAD, WILMINGTON, MA, 01887
- Plan Type: DB
- Plan Number: 002
- Total Participants: 30
- Total Assets: $2.5M
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 | 30 | $2.5M | $177,692 | $0 |
| 2023 | 40 | $3.0M | $165,784 | $0 |
| 2022 | 45 | $3.1M | $0 | $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 |
|---|---|---|---|---|
| BAKER NEWMAN & NOYES, LLC | 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 | $61,048 | — | $181 | — | — |
| 2023 | $72,287 | — | $731 | — | — |
| 2022 | $125,676 | — | — | — | — |