Plan Snapshot
- Plan Sponsor: Yankee Spirits, INC.
- Sponsor EIN: 030500530
- Sponsor Address: 376 MAIN ST, STURBRIDGE, MA, 015660191
- Plan Type: 401(k)
- Total Participants: 204
- Total Assets: $5.2M
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 | 204 | $5.2M | $122,411 | $221,668 |
| 2023 | 208 | $3.9M | $129,786 | $219,391 |
| 2022 | 210 | $3.0M | $116,639 | $201,068 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $24,470 | — | $24,470 |
| EDWARD D. JONES & CO., L.P. | Other Service Provider | $16,500 | — | $16,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,970
- Estimated Expense Ratio: 0.781% 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 | $48,710 | $17,470 | $26,850 | — | — |
| 2023 | $33,865 | — | $15,175 | — | — |
| 2022 | $32,654 | $15,981 | $16,673 | — | — |