Plan Snapshot
- Plan Sponsor: The Morganti Group, INC.
- Sponsor EIN: 061149260
- Sponsor Address: 100 RESERVE ROAD, DANBURY, CT, 06810
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $10.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 76 | $10.6M | $191,402 | $628,990 |
| 2023 | 82 | $9.2M | $223,501 | $620,859 |
| 2022 | 90 | $7.8M | $86,111 | $616,057 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $50,536 | $23,690 | — | — | — |
| 2023 | $42,620 | $20,443 | — | — | — |
| 2022 | $47,470 | — | — | — | — |