Plan Snapshot
- Plan Sponsor: Connelly Partners, LLC
- Sponsor EIN: 043476857
- Sponsor Address: 46 WALTHAM STREET 4TH FLOOR, BOSTON, MA, 02118
- Plan Type: 401(k)
- Total Participants: 83
- Total Assets: $20.4M
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 | 83 | $20.4M | $150,737 | $958,253 |
| 2023 | 74 | $15.2M | $172,047 | $809,581 |
| 2022 | 77 | $12.7M | $150,399 | $723,172 |
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 |
|---|---|---|---|---|
| LEONARD, MULHERIN & GREENE , PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $32,254 | $31,904 | — | — | — |
| 2023 | $26,958 | $26,820 | — | — | — |
| 2022 | $27,301 | — | — | — | — |