Plan Snapshot
- Plan Sponsor: Nutmeg State Financial Credit
- Sponsor EIN: 060655039
- Sponsor Address: 500 ENTERPRISE DR. STE. 4A, ROCKY HILL, CT, 06067
- Plan Type: 401(k)
- Total Participants: 110
- Total Assets: $8.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 110 | $8.8M | $284,776 | $656,002 |
| 2023 | 100 | $6.3M | $243,948 | $502,446 |
| 2022 | 85 | $5.9M | $214,501 | $447,474 |
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 |
|---|---|---|---|---|
| WHITTLESEY | 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 | $20,556 | $17,576 | — | — | — |
| 2023 | $40,105 | — | — | $39,690 | — |
| 2022 | $44,931 | — | $44,931 | — | — |