Plan Snapshot
- Plan Sponsor: Masonicare Corporation
- Sponsor EIN: 061435919
- Sponsor Address: 22 MASONIC AVENUE, WALLINGFORD, CT, 06492
- Plan Type: 401(k)
- Total Participants: 2,000
- Total Assets: $124.9M
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 | 2,000 | $124.9M | $2.2M | $5.8M |
| 2023 | 1,276 | $118.1M | $2.1M | $5.6M |
| 2022 | 1,306 | $108.9M | $2.1M | $5.4M |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES LLP | Auditor | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,000
- Estimated Expense Ratio: 0.010% 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 | $229,628 | $6,182 | — | $12,000 | — |
| 2023 | $206,367 | $6,815 | $600 | $5,646 | — |
| 2022 | $261,344 | $6,217 | — | — | — |