Plan Snapshot
- Plan Sponsor: Professional Electrical Contractors Of Ct, INC.
- Sponsor EIN: 061321754
- Sponsor Address: 980 TURNPIKE ST., CANTON, MA, 02021
- Plan Type: 401(k)
- Total Participants: 340
- Total Assets: $29.6M
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 | 340 | $29.6M | $992,672 | $2.8M |
| 2023 | 283 | $23.0M | $610,426 | $2.2M |
| 2022 | 260 | $18.9M | $671,645 | $1.9M |
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 |
|---|---|---|---|---|
| MAMACOS, BYSIEWICZ & ASSOCIATES,LLC | 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 | $91,989 | $45,000 | — | — | — |
| 2023 | $87,159 | $45,000 | $300 | — | — |
| 2022 | $95,204 | — | — | — | — |