Plan Snapshot
- Plan Sponsor: The Oconnell Companies, INC.
- Sponsor EIN: 042669288
- Sponsor Address: 800 KELLY WAY, HOLYOKE, MA, 01040
- Plan Type: DB
- Total Participants: 140
- Total Assets: $60.4M
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 | 140 | $60.4M | $0 | $391,955 |
| 2023 | 156 | $61.2M | $0 | $406,113 |
| 2022 | 175 | $57.6M | $1.5M | $431,445 |
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 |
|---|---|---|---|---|
| MEYERS BROTHERS KALICKA, PC | Auditor | $12,900 | — | $12,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEYERS BROTHERS KALICKA, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,900
- Estimated Expense Ratio: 0.021% 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 | $182,503 | $34,272 | — | $12,900 | — |
| 2023 | $257,691 | $41,469 | — | $12,500 | — |
| 2022 | $181,736 | $31,706 | $47,430 | — | $65,200 |