Plan Snapshot
- Plan Sponsor: Southern New England Healthcare Organization, INC. Dba Sone Health
- Sponsor EIN: 061391257
- Sponsor Address: 200 DAY HILL ROAD, WINDSOR, CT, 06095
- Plan Type: 401(k)
- Total Participants: 73
- Total Assets: $7.3M
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 | 73 | $7.3M | $593,438 | $624,001 |
| 2023 | 96 | $6.4M | $638,592 | $716,679 |
| 2022 | 90 | $6.2M | $574,948 | $622,716 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $41,863 | — | $41,863 |
| PASI, LLC | CONTRACT ADMIN | $5,576 | $3,223 | $8,799 |
| MMLIS | BROKER/ADVISER | — | $6,298 | $6,298 |
| WOLF & COMPANY, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,960
- Estimated Expense Ratio: 0.779% 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 | $45,459 | — | $45,459 | — | — |
| 2023 | $50,879 | $19,908 | $30,971 | — | — |
| 2022 | $45,234 | $32,620 | $12,444 | — | — |