Plan Snapshot
- Plan Sponsor: Middlesex Health
- Sponsor EIN: 222676137
- Sponsor Address: 28 CRESCENT STREET, MIDDLETOWN, CT, 064573654
- Plan Type: 403(b)
- Total Participants: 5,194
- Total Assets: $473.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,194 | $473.2M | $13.3M | $19.1M |
| 2023 | 5,007 | $420.1M | $13.1M | $18.2M |
| 2022 | 4,898 | $351.5M | $12.3M | $16.8M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $38,671 | — | $38,671 |
| KEITH WILLIAMS | NONE | $21,000 | — | $21,000 |
| MARTY BARON | NONE | $21,000 | — | $21,000 |
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,671
- Estimated Expense Ratio: 0.017% 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 | $461,726 | $52,784 | $407,596 | — | — |
| 2023 | $384,132 | $40,633 | $342,905 | — | — |
| 2022 | $292,150 | — | $292,150 | — | — |