Plan Snapshot
- Plan Sponsor: Environmental Designs, INC.
- Sponsor EIN: 061275964
- Sponsor Address: 2070 WEST STREET, SOUTHINGTON, CT, 06489
- Plan Type: 401(k)
- Total Participants: 220
- Total Assets: $4.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 220 | $4.6M | $556,489 | $276,535 |
| 2023 | 193 | $4.1M | $409,065 | $219,203 |
| 2022 | 200 | $3.1M | $213,592 | $206,968 |
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 |
|---|---|---|---|---|
| FML, CPA'S | 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 | $3,763 | — | — | — | — |
| 2023 | $4,487 | — | $2,352 | — | — |
| 2022 | $27,839 | $26,073 | $1,766 | — | — |