Plan Snapshot
- Plan Sponsor: Central Hudson Gas & Electric Corporation
- Sponsor EIN: 140555980
- Sponsor Address: 284 SOUTH AVENUE, POUGHKEEPSIE, NY, 12601
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 0
- Total Assets: $138.3M
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 | 0 | $138.3M | $1.3M | $1.1M |
| 2023 | 0 | $130.2M | $6.0M | $1.1M |
| 2022 | 0 | $116.1M | $5.0M | $932,835 |
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 |
|---|---|---|---|---|
| ANTHEM BLUE CROSS | Recordkeeper | $381,373 | $893,141 | $1,274,514 |
| MERCER | Actuary | $33,000 | — | $33,000 |
| LCG ASSOCIATES, INC. | Other Service Provider | $31,969 | — | $31,969 |
| STATE STREET BANK AND TRUST COMPANY | Custodian / Trustee | $19,761 | — | $19,761 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER — Actuary
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,359,244
- Estimated Expense Ratio: 0.983% 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 | $466,103 | $31,969 | $381,373 | — | — |
| 2023 | $471,140 | $29,740 | $391,693 | $1,795 | — |
| 2022 | $467,827 | — | $383,331 | — | $84,496 |