Plan Snapshot
- Plan Sponsor: Sarracco Mechanical Services, INC.
- Sponsor EIN: 060935943
- Sponsor Address: 61 MATTATUCK HEIGHTS ROAD, WATERBURY, CT, 06705
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $14.4M
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 | 95 | $14.4M | $952,635 | $335,656 |
| 2023 | 85 | $12.6M | $242,176 | $386,835 |
| 2022 | 97 | $11.7M | $92,840 | $386,436 |
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 |
|---|---|---|---|---|
| SIMIONE MACCA & LARROW, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIMIONE MACCA & LARROW, LLP — Auditor
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 | $1,981 | — | $1,981 | — | — |
| 2023 | $12,034 | — | — | $10,350 | — |
| 2022 | $1,602 | — | — | — | — |