Plan Snapshot
- Plan Sponsor: Carris Financial Corp.
- Sponsor EIN: 030326210
- Sponsor Address: 49 MAIN STREET, PROCTOR, VT, 057651178
- Plan Type: 401(k)
- Total Participants: 463
- Total Assets: $25.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 463 | $25.7M | $1.2M | $834,713 |
| 2023 | 482 | $26.4M | $1.1M | $824,958 |
| 2022 | 481 | $24.1M | $981,561 | $685,671 |
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 |
|---|---|---|---|---|
| MCSOLEY AND MCCOY | 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 | $71,539 | $27,500 | — | — | — |
| 2023 | $72,833 | $27,498 | — | — | — |
| 2022 | $83,962 | $66,216 | $17,746 | — | — |