Plan Snapshot
- Plan Sponsor: North Atlantic States Carpenters Annuity Plan
- Sponsor EIN: 061308364
- Sponsor Address: 10 BROADWAY, HAMDEN, CT, 065182614
- Plan Type: DC
- Total Participants: 10,262
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 10,262 | $1.3B | $60.6M | $9,000 |
| 2023 | 10,631 | $1.3B | $60.4M | $6,050 |
| 2022 | 11,025 | $1.2B | $63.7M | $6,530 |
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 |
|---|---|---|---|---|
| BEERS HAMERMAN COHEN & BURGER PC | Auditor | $71,815 | — | $71,815 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,815
- Estimated Expense Ratio: 0.005% 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 | $6,735,950 | $3,751,966 | $2,310,175 | $71,815 | — |
| 2023 | $6,995,330 | $3,999,101 | $2,074,345 | $63,114 | — |
| 2022 | $6,508,899 | $3,857,799 | $1,873,369 | — | $472,324 |