Plan Snapshot
- Plan Sponsor: Welch Foods, INC., A Cooperative
- Sponsor EIN: 160998906
- Sponsor Address: 300 BAKER AVENUE, CONCORD, MA, 01742
- Plan Type: 401(k)
- Plan Number: 015
- Total Participants: 0
- Total Assets: $127.2M
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 | 0 | $127.2M | $0 | $0 |
| 2023 | 0 | $126.5M | $1.1M | $0 |
| 2022 | 0 | $121.8M | $9.0M | $0 |
| 2021 | 0 | $116.1M | $10.0M | $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 |
|---|---|---|---|---|
| SILCHESTER | Investment Advisor | $123,567 | — | $123,567 |
| STATE STREET | Other Service Provider | $116,195 | — | $116,195 |
| COLONIAL CONSULTING | Other Service Provider | $91,116 | — | $91,116 |
| COLCHESTER | Investment Advisor | $34,262 | — | $34,262 |
| BOIVIN & ASSOCIATES, CPAS, LLC | Auditor | $9,000 | — | $9,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOIVIN & ASSOCIATES, CPAS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $374,140
- Estimated Expense Ratio: 0.294% 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 | $8,093,361 | $368,125 | — | — | — |
| 2023 | $473,597 | $286,865 | — | $9,000 | — |
| 2022 | $543,907 | $435,461 | — | — | — |
| 2021 | $949,593 | $532,718 | — | — | $9,000 |