Plan Snapshot
- Plan Sponsor: Community Connections, INC
- Sponsor EIN: 042871024
- Sponsor Address: 261 WHITES PATH, SOUTH YARMOUTH, MA, 02664
- Plan Type: 401(k)
- Total Participants: 347
- Total Assets: $3.9M
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. |
|---|---|---|---|---|
| 2024 | 347 | $3.9M | $114,626 | $511,549 |
| 2023 | 320 | $4.4M | $96,199 | $462,998 |
| 2022 | 300 | $3.5M | $87,615 | $379,641 |
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 | CONTRACT ADMINISTRATOR | $27,205 | — | $27,205 |
| AMERIPRISE FINANCIAL SERVICES INC. | OTHER SERVICES | — | $15,198 | $15,198 |
| HILB GROUP | THIRD PARTY ADMIN | $5,506 | $2,140 | $7,646 |
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES INC. — OTHER SERVICES
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,049
- Estimated Expense Ratio: 1.290% 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 | $36,500 | — | $36,500 | — | — |
| 2023 | $39,050 | — | $39,050 | — | — |
| 2022 | $32,217 | — | $32,217 | — | — |