Plan Snapshot
- Plan Sponsor: Concord General Mutual Insurance Company
- Sponsor EIN: 020131910
- Sponsor Address: 35B CONSTITUTION DR., STE 101, BEDFORD, NH, 03110
- Plan Type: 401(k)
- Total Participants: 257
- Total Assets: $30.4M
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 | 257 | $30.4M | $558,408 | $1.3M |
| 2023 | 243 | $28.6M | $566,078 | $1.3M |
| 2022 | 240 | $26.6M | $432,560 | $1.2M |
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES LLC DB | INVESTMENT ADVISOR | $51,649 | — | $51,649 |
| MANER COSTERISAN P.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MANER COSTERISAN P.C — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,649
- Estimated Expense Ratio: 0.170% 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 | $55,343 | $51,649 | — | — | — |
| 2023 | $51,388 | $48,319 | — | — | — |
| 2022 | $55,496 | — | $55,496 | — | — |