Plan Snapshot
- Plan Sponsor: Nonotuck Resource Associates, INC.
- Sponsor EIN: 042510006
- Sponsor Address: 425 PROSPECT STREET, NORTHAMPTON, MA, 01060
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 273
- Total Assets: $8.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 273 | $8.3M | $131,547 | $908,561 |
| 2023 | 163 | $6.4M | $102,199 | $710,329 |
| 2022 | 148 | $5.2M | $88,110 | $626,789 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $32,449 | — | $32,449 |
| NYLIFE SECURITES, LLC | Investment Advisor | — | $13,032 | $13,032 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,481
- Estimated Expense Ratio: 0.548% 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 | $37,805 | — | $37,805 | — | — |
| 2023 | $27,634 | — | $27,634 | — | — |
| 2022 | $21,595 | — | $21,595 | — | — |