Plan Snapshot
- Plan Sponsor: The Connecticut Spring & Stamping Corporation
- Sponsor EIN: 060305214
- Sponsor Address: 48 SPRING LANE, FARMINGTON, CT, 06032
- Plan Type: 401(k)
- Total Participants: 361
- Total Assets: $29.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 361 | $29.9M | $506,935 | $1.7M |
| 2023 | 347 | $26.5M | $564,016 | $1.6M |
| 2022 | 405 | $23.9M | $571,027 | $1.6M |
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 |
|---|---|---|---|---|
| MAHONEY SABOL AND COMPANY, LLP | Auditor | $17,519 | — | $17,519 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,519
- Estimated Expense Ratio: 0.059% 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 | $28,526 | $11,007 | — | $17,519 | — |
| 2023 | $26,752 | $9,752 | — | $17,000 | — |
| 2022 | $74,728 | $9,733 | $47,995 | — | $17,000 |