Plan Snapshot
- Plan Sponsor: North Sails Group, LLC 401k Plan
- Sponsor EIN: 364376973
- Sponsor Address: 837 SEAVIEW AVENUE, BRIDGEPORT, CT, 066071607
- Plan Type: 401(k)
- Total Participants: 224
- Total Assets: $49.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 224 | $49.8M | $512,295 | $1.3M |
| 2023 | 222 | $48.4M | $540,486 | $1.3M |
| 2022 | 283 | $42.9M | $607,708 | $1.4M |
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 |
|---|---|---|---|---|
| SIMIONE MACCA & LARROW LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $139,493 | — | $139,493 | — | — |
| 2023 | $130,388 | — | $130,388 | — | — |
| 2022 | $126,594 | — | $126,594 | — | — |