Plan Snapshot
- Plan Sponsor: Community Action Pioneer Valley, INC.
- Sponsor EIN: 042384972
- Sponsor Address: 393 MAIN STREET, GREENFIELD, MA, 01301
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 284
- Total Assets: $9.4M
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 | 284 | $9.4M | $296,190 | $720,101 |
| 2023 | 264 | $7.9M | $202,423 | $639,751 |
| 2022 | 289 | $6.8M | $186,043 | $547,913 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $31,368 | — | $31,368 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,368
- Estimated Expense Ratio: 0.334% 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 | $31,663 | — | $31,663 | — | — |
| 2023 | $26,886 | — | $24,263 | — | — |
| 2022 | $23,416 | — | $23,416 | — | — |