Plan Snapshot
- Plan Sponsor: Lawrence & Memorial Hospital
- Sponsor EIN: 060646704
- Sponsor Address: 365 MONTAUK AVENUE, NEW LONDON, CT, 063204700
- Plan Type: 401(k)
- Total Participants: 4,346
- Total Assets: $369.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 4,346 | $369.4M | $6.5M | $15.0M |
| 2023 | 4,625 | $331.7M | $6.3M | $14.4M |
| 2022 | 4,599 | $284.8M | $6.0M | $13.9M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS | CONSULTANT | $30,885 | — | $30,885 |
| BAKER TILLY US, LLP | AUDITOR | $15,750 | — | $15,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,635
- Estimated Expense Ratio: 0.013% 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 | $81,073 | $275 | — | $15,750 | — |
| 2023 | $105,938 | $222 | — | $13,100 | — |
| 2022 | $102,549 | — | — | — | — |