Plan Snapshot
- Plan Sponsor: Physicians Alliance Of Connecticut, LLC
- Sponsor EIN: 454697579
- Sponsor Address: 322 EAST MAIN STREET, BRANFORD, CT, 06405
- Plan Type: 401(k)
- Total Participants: 360
- Total Assets: $63.8M
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 | 360 | $63.8M | $913,566 | $2.8M |
| 2023 | 338 | $54.0M | $2.0M | $2.6M |
| 2022 | 334 | $44.1M | $1.8M | $2.3M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $90,844 | — | $90,844 |
| GLOBAL RETIREMENT PARTNERS, LLC | INVESTMENT ADVISOR | $48,240 | — | $48,240 |
| WHITTLESEY PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- GLOBAL RETIREMENT PARTNERS, LLC — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,084
- Estimated Expense Ratio: 0.218% 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 | $139,084 | $48,240 | — | — | — |
| 2023 | $50,796 | $49,875 | — | — | — |
| 2022 | $116,538 | $42,000 | — | — | — |