Plan Snapshot
- Plan Sponsor: Joseph P. Carrara & Sons, INC.
- Sponsor EIN: 030212647
- Sponsor Address: 167 N SHREWSBURY ROAD, NORTH CLARENDON, VT, 05759
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $20.2M
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 | 103 | $20.2M | $0 | $355,826 |
| 2023 | 98 | $17.7M | $362,624 | $360,408 |
| 2022 | 101 | $16.9M | $355,365 | $349,989 |
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 |
|---|---|---|---|---|
| TEAL & BECKER & CHIARAMONTE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEAL & BECKER & CHIARAMONTE — Auditor
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 | $47,791 | $45,954 | — | — | — |
| 2023 | $2,750 | — | — | — | — |
| 2022 | $13,535 | — | — | — | $12,670 |