Plan Snapshot
- Plan Sponsor: Norwich Commercial Group, INC
- Sponsor EIN: 222894356
- Sponsor Address: 38 SECURITY DRIVE, AVON, CT, 06001
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 88
- Total Assets: $7.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 88 | $7.9M | $0 | $324,905 |
| 2024 | 88 | $8.3M | $3,157 | $650,998 |
| 2023 | 283 | $10.9M | $9,590 | $949,912 |
| 2022 | 274 | $8.1M | $0 | $1.2M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | 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 |
|---|---|---|---|---|---|
| 2025 | $1,999,228 | — | — | — | — |
| 2024 | $29,437 | — | $24,247 | — | — |
| 2023 | $11,680 | — | $11,680 | — | — |
| 2022 | $3,369 | — | $3,369 | — | — |