Plan Snapshot
- Plan Sponsor: Seidel, INC.
- Sponsor EIN: 222678460
- Sponsor Address: 2223 THOMASTON AVE, WATERBURY, CT, 067041039
- Plan Type: 401(k)
- Total Participants: 148
- Total Assets: $6.5M
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 | 148 | $6.5M | $87,447 | $303,706 |
| 2023 | 153 | $7.1M | $107,566 | $364,942 |
| 2022 | 104 | $6.8M | $113,445 | $389,900 |
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 AND LARROW LLP | 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 | $8,633 | $849 | — | — | — |
| 2023 | $8,052 | $522 | — | — | — |
| 2022 | $6,511 | $136 | — | — | — |