Plan Snapshot
- Plan Sponsor: Franchise World Headquarters, LLC
- Sponsor EIN: 383801335
- Sponsor Address: 1 CORPORATE DRIVE, SHELTON, CT, 06484
- Plan Type: 401(k)
- Total Participants: 788
- Total Assets: $133.3M
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 | 788 | $133.3M | $4.6M | $7.7M |
| 2023 | 710 | $114.9M | $4.1M | $6.9M |
| 2022 | 677 | $94.6M | $3.4M | $5.9M |
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 |
|---|---|---|---|---|
| MAHONEY SABOL & COMPANY LLP | 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 | $124,305 | $50,500 | $24,913 | — | — |
| 2023 | $112,456 | $50,500 | $20,852 | — | — |
| 2022 | $102,576 | $25,250 | $63,754 | — | $13,572 |