Plan Snapshot
- Plan Sponsor: Electrical Contractors, INC.
- Sponsor EIN: 060924960
- Sponsor Address: 3510 MAIN STREET, HARTFORD, CT, 06120
- Plan Type: 401(k)
- Total Participants: 92
- Total Assets: $13.1M
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 | 92 | $13.1M | $236,295 | $185,330 |
| 2023 | 95 | $12.9M | $114,537 | $164,408 |
| 2022 | 82 | $12.3M | $131,138 | $163,364 |
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 |
|---|---|---|---|---|
| PENSION CORPORATION OF AMERICA | NONE | $29,292 | — | $29,292 |
| PCA INVESTMENT ADVISORY SERVICES | NONE | $26,384 | — | $26,384 |
| CHARLES SCHWAB TRUST BANK | NONE | $5,500 | $355 | $5,855 |
| FML CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PCA INVESTMENT ADVISORY SERVICES — NONE
- CHARLES SCHWAB TRUST BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,531
- Estimated Expense Ratio: 0.470% 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 | $61,177 | $26,384 | — | — | — |
| 2023 | $60,268 | $24,834 | — | — | — |
| 2022 | $71,426 | $29,656 | $41,770 | — | — |