Plan Snapshot
- Plan Sponsor: Fiberoptics Technology, INC.
- Sponsor EIN: 060965547
- Sponsor Address: P.O. BOX 286, POMFRET, CT, 06258
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $14.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 185 | $14.6M | $128,545 | $652,876 |
| 2023 | 135 | $14.1M | $123,157 | $581,294 |
| 2022 | 118 | $11.7M | $108,663 | $571,693 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | ADVISOR | $24,536 | — | $24,536 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $8,132 | — | $8,132 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $5,868 | — | $5,868 |
| SANSIVERI, KIMBALL & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,536
- Estimated Expense Ratio: 0.263% 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 | $38,537 | $30,405 | — | — | — |
| 2023 | $8,340 | $4,679 | — | — | — |
| 2022 | $4,941 | $4,247 | — | — | — |