Plan Snapshot
- Plan Sponsor: Weymouth-Hingham Motor Sales, INC. Dba Toyota Of Braintree
- Sponsor EIN: 043238724
- Sponsor Address: 210 UNION STREET, BRAINTREE, MA, 02184
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $11.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 167 | $11.4M | $77,362 | $735,099 |
| 2023 | 129 | $9.5M | $71,006 | $733,945 |
| 2022 | 122 | $8.0M | $70,016 | $657,459 |
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 |
|---|---|---|---|---|
| WITHUM SMITH &BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH &BROWN, PC — Auditor
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 | $368,844 | — | $7,261 | — | — |
| 2023 | $792,685 | — | $8,978 | — | — |
| 2022 | $7,150 | $6,300 | — | — | — |