Plan Snapshot
- Plan Sponsor: Charter Oak Health Center, INC.
- Sponsor EIN: 060986747
- Sponsor Address: 21 GRAND STREET, HARTFORD, CT, 06106
- Plan Type: 403(b)
- Total Participants: 197
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 197 | $6.1M | $0 | $523,462 |
| 2023 | 181 | $5.3M | $0 | $491,478 |
| 2022 | 187 | $4.2M | $152,376 | $578,548 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | BROKER | — | $13,716 | $13,716 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $10,833 | — | $10,833 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORD KEEPER | $9,800 | — | $9,800 |
| PENSION CONSULTANTS, INC. | CONTRACT ADMIN | $1,744 | $5,667 | $7,411 |
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,760
- Estimated Expense Ratio: 0.685% 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 | $22,377 | — | — | — | — |
| 2023 | $18,878 | $7,434 | $8,744 | — | — |
| 2022 | $15,116 | $15,116 | — | — | — |