Plan Snapshot
- Plan Sponsor: Aroostook County Action Program, INC.
- Sponsor EIN: 010315849
- Sponsor Address: 771 MAIN STREET, PRESQUE ISLE, ME, 04769
- Plan Type: 403(b)
- Total Participants: 195
- Total Assets: $6.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 195 | $6.6M | $198,833 | $211,785 |
| 2023 | 211 | $6.2M | $177,373 | $214,506 |
| 2022 | 192 | $6.4M | $174,823 | $212,212 |
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 |
|---|---|---|---|---|
| AMERITAS LIFE INSURANCE CORPORATION | Recordkeeper | $3,633 | $30,562 | $34,195 |
| UNITED PENSION DESIGNS, LLC | Recordkeeper | $7,750 | — | $7,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,945
- Estimated Expense Ratio: 0.640% 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 | $45,450 | — | — | — | — |
| 2023 | $26,010 | — | — | — | — |
| 2022 | $1,557 | — | $1,557 | — | — |