Plan Snapshot
- Plan Sponsor: The Eastern Company
- Sponsor EIN: 060330020
- Sponsor Address: 3 ENTERPRISE DRIVE, SHELTON, CT, 06484
- Plan Type: DB
- Plan Number: 001
- Total Participants: 38
- Total Assets: $37.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 38 | $37.7M | $1.7M | $0 |
| 2023 | 40 | $39.6M | $1.6M | $0 |
| 2022 | 43 | $38.8M | $0 | $0 |
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 |
|---|---|---|---|---|
| RUSSELL TRUST COMPANY | Investment Advisor | $109,606 | — | $109,606 |
| USI CONSULTING GROUP, INC. | Other Service Provider | $37,260 | — | $37,260 |
| ADVUS FINANCIAL PARTNERS, LLC | Other Service Provider | $36,867 | — | $36,867 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUSSELL TRUST COMPANY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $183,733
- Estimated Expense Ratio: 0.487% 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 | $568,487 | $48,960 | — | — | — |
| 2023 | $564,252 | $167,827 | — | — | — |
| 2022 | $613,037 | $190,357 | — | — | $74,905 |