Plan Snapshot
- Plan Sponsor: Prides Corner Farms, INC.
- Sponsor EIN: 060952438
- Sponsor Address: 122 WATERMAN ROAD, LEBANON, CT, 06249
- Plan Type: 401(k)
- Total Participants: 603
- Total Assets: $9.0M
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 | 603 | $9.0M | $125,513 | $726,721 |
| 2023 | 556 | $8.9M | $112,927 | $631,842 |
| 2022 | 510 | $7.4M | $94,143 | $533,585 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS. CO. OF AMERICA | RECORDKEEPER | $34,377 | — | $34,377 |
| SMITH BROTHERS FINANCIAL LLC | INVESTMENT ADVISOR | $22,586 | — | $22,586 |
| PENSION CONSULTANTS INC. | CONTRACT ADMIN | $6,402 | $8,292 | $14,694 |
| CLIFTON LARSON ALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,657
- Estimated Expense Ratio: 0.795% 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 | $96,370 | — | — | — | — |
| 2023 | $85,191 | — | — | — | — |
| 2022 | $69,734 | $60,961 | $8,773 | — | — |