Plan Snapshot
- Plan Sponsor: Connecticut Laborers' Legal Services Fund
- Sponsor EIN: 060978828
- Sponsor Address: 21 NEW BRITAIN AVENUE, ROCKY HILL, CT, 06067
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 3,096
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,096 | $2.9M | $1.4M | $0 |
| 2023 | 3,073 | $2.9M | $1.4M | $0 |
| 2022 | 3,089 | $2.8M | $1.3M | $0 |
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 |
|---|---|---|---|---|
| EMPLOYEE E | Recordkeeper | $378,576 | — | $378,576 |
| EMPLOYEE D | Recordkeeper | $226,655 | — | $226,655 |
| EMPLOYEE B | Recordkeeper | $158,065 | — | $158,065 |
| EMPLOYEE C | Recordkeeper | $125,244 | — | $125,244 |
| EMPLOYEE A | Recordkeeper | $120,459 | — | $120,459 |
| EMPLOYEE F | Recordkeeper | $92,900 | — | $92,900 |
| GRAFSTEIN & ARCARO LLC | Other Service Provider | $72,644 | — | $72,644 |
| ROBERT M. CHEVERIE & ASSOCIATES PC | Other Service Provider | $14,004 | — | $14,004 |
| STACEY BRAUN ASSOCIATES | Other Service Provider | $11,695 | — | $11,695 |
| T.M. BYXBEE COMPANY | Other Service Provider | $10,800 | — | $10,800 |
| LAW OFFICE OF NORMA PIERCE AREL | Other Service Provider | $8,241 | — | $8,241 |
| CITIZENS BANK | Other Service Provider | $6,035 | — | $6,035 |
| BALSKUS & JOHNSTON | Other Service Provider | $5,275 | — | $5,275 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE E — Recordkeeper
- EMPLOYEE D — Recordkeeper
- EMPLOYEE B — Recordkeeper
- EMPLOYEE C — Recordkeeper
- EMPLOYEE A — Recordkeeper
- EMPLOYEE F — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,230,593
- Estimated Expense Ratio: 41.757% 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 | $1,483,500 | $11,695 | — | $10,800 | — |
| 2023 | $1,386,649 | $17,763 | — | — | — |
| 2022 | $1,298,998 | — | — | — | $43,206 |