Plan Snapshot
- Plan Sponsor: Children'S Learning Centers Of Fairfield County, INC.
- Sponsor EIN: 060665191
- Sponsor Address: 64 PALMERS HILL RD., STAMFORD, CT, 06902
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 302
- Total Assets: $10.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 302 | $10.5M | $0 | $0 |
| 2024 | 174 | $9.0M | $301,304 | $480,522 |
| 2023 | 188 | $8.4M | $299,916 | $499,767 |
| 2022 | 195 | $7.2M | $289,816 | $465,826 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $41,468 | — | $41,468 |
| THE BENEFIT PRACTICE | Recordkeeper | $21,138 | $4,531 | $25,669 |
| MERRILL LYNCH PIERCE FENNER SMITH | Investment Advisor | $22,060 | — | $22,060 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,197
- Estimated Expense Ratio: 0.847% 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 |
|---|---|---|---|---|---|
| 2025 | $850,249 | — | $84,666 | — | — |
| 2024 | $55,913 | $20,825 | $22,425 | — | — |
| 2023 | $33,380 | — | $33,380 | — | — |
| 2022 | $40,801 | — | $40,801 | — | — |