Plan Snapshot
- Plan Sponsor: The Arc Of The Farmington Valley, INC.
- Sponsor EIN: 066011136
- Sponsor Address: 225 COMMERCE DR., CANTON, CT, 060191099
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 359
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 359 | $7.4M | $991,081 | $326,749 |
| 2023 | 324 | $5.8M | $948,491 | $273,425 |
| 2022 | 326 | $4.4M | $1.0M | $255,534 |
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 | Recordkeeper | $47,855 | — | $47,855 |
| RBC CAPITAL MARKETS LLC | Recordkeeper | $655 | $14,606 | $15,261 |
| PASI, LLC | Other Service Provider | $6,298 | — | $6,298 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC CAPITAL MARKETS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,414
- Estimated Expense Ratio: 0.943% 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 | $54,808 | $655 | $6,298 | — | — |
| 2023 | $44,578 | $2,606 | $6,718 | — | — |
| 2022 | $37,647 | $5,429 | $32,218 | — | — |