Plan Snapshot
- Plan Sponsor: Signal Management Services, LLC
- Sponsor EIN: 873227442
- Sponsor Address: 64 DANBURY ROAD, WILTON, CT, 06897
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $24.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 146 | $24.0M | $1.1M | $1.6M |
| 2023 | 144 | $20.6M | $951,747 | $1.5M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $14,430 | — | $14,430 |
| LOREN D. STARK COMPANY | Recordkeeper | — | $10,554 | $10,554 |
| MORNINGSTAR INVESTMENT MANAGEMENT | Other Service Provider | $6,021 | — | $6,021 |
| VOYA RETIREMENT INS & ANNUITY CO. | Other Service Provider | $6,021 | — | $6,021 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,026
- Estimated Expense Ratio: 0.154% 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 | $32,260 | — | $32,260 | — | — |
| 2023 | $16,066 | — | $16,066 | — | — |