Plan Snapshot
- Plan Sponsor: Ferguson Electric Company INC.
- Sponsor EIN: 060839579
- Sponsor Address: 112 NORTHWEST DRIVE, PLAINVILLE, CT, 06062
- Plan Type: 401(k)
- Total Participants: 241
- Total Assets: $53.1M
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 | 241 | $53.1M | $6.9M | $996,993 |
| 2023 | 250 | $44.5M | $4.8M | $689,319 |
| 2022 | 186 | $36.1M | $4.5M | $563,010 |
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 |
|---|---|---|---|---|
| ALLIANT RETIREMENT SERVCICES INC. | ADMINISTRATOR | $76,611 | — | $76,611 |
| JOHN HANCOCK | RECORDKEEPER | $42,531 | — | $42,531 |
| MARCUM LLP | ADMINISTRATOR | $25,493 | — | $25,493 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,635
- Estimated Expense Ratio: 0.273% 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 | $157,199 | — | $157,199 | — | — |
| 2023 | $156,474 | — | $156,474 | — | — |
| 2022 | $204,384 | — | $204,384 | — | — |