Plan Snapshot
- Plan Sponsor: Fairfield County Bank
- Sponsor EIN: 060510330
- Sponsor Address: 150 DANBURY RD, RIDGEFIELD, CT, 06877
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $82.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 207 | $82.4M | $1.7M | $2.4M |
| 2023 | 281 | $80.7M | $1.7M | $2.3M |
| 2022 | 263 | $73.0M | $1.7M | $2.3M |
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 |
|---|---|---|---|---|
| WOLF & COMPANY 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 | $44,898 | $5,000 | $9,571 | — | — |
| 2023 | $46,186 | $5,000 | $40,661 | — | — |
| 2022 | $55,708 | $10,000 | $40,158 | — | $5,000 |