Plan Snapshot
- Plan Sponsor: Suffield Academy
- Sponsor EIN: 060678539
- Sponsor Address: 185 NORTH MAIN STREET, SUFFIELD, CT, 06078
- Plan Type: 403(b)
- Total Participants: 234
- Total Assets: $53.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 234 | $53.9M | $1.0M | $1.2M |
| 2023 | 224 | $52.1M | $877,991 | $1.2M |
| 2022 | 223 | $46.1M | $785,582 | $1.1M |
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 |
|---|---|---|---|---|
| COHNREZNICK 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 | $36,457 | — | $36,457 | — | — |
| 2023 | $29,653 | — | $29,653 | — | — |
| 2022 | $30,348 | — | $30,348 | — | — |