Plan Snapshot
- Plan Sponsor: Barnes Group INC.
- Sponsor EIN: 060247840
- Sponsor Address: 123 MAIN STREET, BRISTOL, CT, 060106307
- Plan Type: DB
- Total Participants: 66
- Total Assets: $295.1M
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 | 66 | $295.1M | $0 | $0 |
| 2023 | 104 | $225.6M | $0 | $0 |
| 2022 | 125 | $217.1M | $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 |
|---|---|---|---|---|
| FIONDELLA, MILONE, & LASARACINA LLP | Auditor | $38,939 | — | $38,939 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,939
- Estimated Expense Ratio: 0.013% 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 | $1,702,162 | $969,525 | $313,020 | $38,939 | — |
| 2023 | $2,609,776 | $566,960 | $418,202 | $10,540 | — |
| 2022 | $2,036,842 | $1,374,686 | — | — | $548,399 |