Plan Snapshot
- Plan Sponsor: Central Hudson Gas & Electric Corporation
- Sponsor EIN: 140555980
- Sponsor Address: 284 SOUTH AVENUE, POUGHKEEPSIE, NY, 126014879
- Plan Type: 401(k)
- Total Participants: 1,245
- Total Assets: $448.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,245 | $448.5M | $11.4M | $16.1M |
| 2023 | 1,192 | $397.6M | $10.3M | $15.2M |
| 2022 | 1,128 | $337.4M | $9.2M | $14.0M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | AUDITOR | $29,135 | — | $29,135 |
| MERCER | OTHER SERVICES | $27,000 | — | $27,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $24,281 | — | $24,281 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — AUDITOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,416
- Estimated Expense Ratio: 0.018% 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 | $84,191 | — | $24,281 | $29,135 | — |
| 2023 | $80,727 | — | $22,251 | $23,875 | — |
| 2022 | $157,645 | — | $16,310 | — | $141,335 |