Plan Snapshot
- Plan Sponsor: Whittlesey PC
- Sponsor EIN: 060903326
- Sponsor Address: 280 TRUMBULL STREET, 24TH FLOOR, HARTFORD, CT, 061033509
- Plan Type: 401(k)
- Total Participants: 118
- Total Assets: $45.7M
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 | 118 | $45.7M | $1.4M | $1.4M |
| 2023 | 126 | $37.5M | $1.3M | $1.3M |
| 2022 | 115 | $34.2M | $947,919 | $1.3M |
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 |
|---|---|---|---|---|
| REDHAWK WEALTH ADVISORS INC | INVESTMENT ADVISOR | $32,073 | — | $32,073 |
| EMPOWER ANNUITY INS. CO OF AMERICA | RECORDKEEPER | $24,292 | — | $24,292 |
| HUTCHINSON AND BLOODGOOD LLP | AUDITOR | $14,000 | — | $14,000 |
| PENSION CONSULTANTS, INC. | CONTRACT ADMIN | $1,020 | $10,000 | $11,020 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,385
- Estimated Expense Ratio: 0.178% 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 | $76,204 | $36,863 | $1,020 | $14,000 | — |
| 2023 | $61,127 | $31,129 | $1,020 | $13,500 | — |
| 2022 | $24,805 | $3,250 | $7,815 | — | $13,500 |