Plan Snapshot
- Plan Sponsor: Cersosimo Lumber Co., INC.
- Sponsor EIN: 030177289
- Sponsor Address: 1103 VERNON STREET, BRATTLEBORO, VT, 05301
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $19.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 214 | $19.9M | $136,263 | $531,736 |
| 2023 | 219 | $18.6M | $147,396 | $551,989 |
| 2022 | 236 | $17.2M | $158,191 | $584,904 |
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 |
|---|---|---|---|---|
| RICHARDS INC.TRG | INVESTMENT ADVISOR | $37,266 | — | $37,266 |
| WELLS THOMAS, LLC | CONTRACT ADMIN | $9,139 | — | $9,139 |
| GALLAGHER, FLYNN & CO. LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,405
- Estimated Expense Ratio: 0.233% 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 | $48,721 | — | $48,721 | — | — |
| 2023 | $38,969 | — | $38,969 | — | — |
| 2022 | $37,945 | — | $37,945 | — | — |