Plan Snapshot
- Plan Sponsor: Worcester Community Action Cou
- Sponsor EIN: 042382160
- Sponsor Address: 18 CHESTNUT ST., WORCESTER, MA, 01608
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $4.5M
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 | 165 | $4.5M | $175,281 | $265,533 |
| 2023 | 146 | $3.5M | $142,575 | $230,375 |
| 2022 | 108 | $2.9M | $122,044 | $198,729 |
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 |
|---|---|---|---|---|
| BOLLUS LYNCH, LLP | 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 | $1,868 | — | — | — | — |
| 2023 | $833 | — | — | — | — |
| 2022 | $1,249 | — | — | — | — |