Plan Snapshot
- Plan Sponsor: Heritage Village Master Association
- Sponsor EIN: 060888160
- Sponsor Address: 465 HERITAGE ROAD, SOUTHBURY, CT, 064881389
- Plan Type: 401(k)
- Total Participants: 84
- Total Assets: $8.3M
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 | 84 | $8.3M | $324,958 | $339,019 |
| 2023 | 80 | $6.6M | $291,794 | $277,805 |
| 2022 | 77 | $5.4M | $258,923 | $271,674 |
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 |
|---|---|---|---|---|
| USI CONSULTING GROUP, INC. | NONE | $47,533 | — | $47,533 |
| USI ADVISORS, INC | NONE | $13,121 | — | $13,121 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,654
- Estimated Expense Ratio: 0.729% 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 | $70,454 | $13,121 | — | $9,800 | — |
| 2023 | $59,223 | $10,244 | — | $9,600 | — |
| 2022 | $55,640 | $9,934 | — | — | $45,706 |