Plan Snapshot
- Plan Sponsor: Bernier Carr And Associates
- Sponsor EIN: 161337922
- Sponsor Address: 15 PUBLIC SQUARE, WATERTOWN, NY, 13601
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $12.7M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 121 | $12.7M | $309,264 | $848,789 |
| 2023 | 108 | $10.4M | $252,476 | $710,238 |
| 2022 | 87 | $10.5M | $228,059 | $614,664 |
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 |
|---|---|---|---|---|
| CROWLEY & HALLORAN, CPAS, P.C. | 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 | $58,554 | — | $58,554 | — | — |
| 2023 | $36,872 | — | $36,872 | — | — |
| 2022 | $4,490 | — | $4,490 | — | — |