# Professional Electrical Contractors Of Ct, INC. 401(k) Plan
Source: https://planprovider.pro/companies/professional-electrical-contractors-of-ct-inc-401k-plan

> Professional Electrical Contractors Of Ct, INC.'s 401(k) plan: 340 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|—|—|

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