Plan Snapshot
- Plan Sponsor: Cross Sound Ferry & Companies
- Sponsor EIN: 060918288
- Sponsor Address: 2 FERRY STREET, NEW LONDON, CT, 06320
- Plan Type: 401(k)
- Total Participants: 278
- Total Assets: $40.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 278 | $40.3M | $964,849 | $1.3M |
| 2023 | 268 | $36.9M | $1.0M | $1.2M |
| 2022 | 273 | $31.8M | $963,536 | $1.0M |
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 |
|---|---|---|---|---|
| WHITTLESEY P.C. | 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 | $68,020 | $42,627 | $25,393 | — | — |
| 2023 | $67,819 | $34,600 | $33,219 | — | — |
| 2022 | $72,949 | $39,125 | $33,824 | — | — |