Plan Snapshot
- Plan Sponsor: Plimpton & Hills Corporation
- Sponsor EIN: 060496010
- Sponsor Address: 300 RESEARCH PARKWAY, MERIDEN, CT, 06450
- Plan Type: 401(k)
- Total Participants: 253
- Total Assets: $30.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 253 | $30.3M | $627,993 | $1.2M |
| 2023 | 292 | $26.3M | $738,401 | $1.2M |
| 2022 | 244 | $17.7M | $394,265 | $500,455 |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $59,602 | — | $59,602 |
| CPI QUALIFIED PLAN CONSULTANTS, INC | Recordkeeper | $35,076 | — | $35,076 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
- CPI QUALIFIED PLAN CONSULTANTS, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,678
- Estimated Expense Ratio: 0.313% 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 | $94,678 | $59,602 | $14,215 | — | — |
| 2023 | $76,797 | $47,659 | $10,724 | — | — |
| 2022 | $34,781 | $20,246 | $14,535 | — | — |