Plan Snapshot
- Plan Sponsor: Avesta Housing Development Corp.
- Sponsor EIN: 010315296
- Sponsor Address: 307 CUMBERLAND AVE, PORTLAND, ME, 04101
- Plan Type: 401(k)
- Total Participants: 258
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 258 | $12.0M | $683,785 | $981,953 |
| 2023 | 265 | $10.1M | $622,542 | $887,029 |
| 2022 | 247 | $7.8M | $501,388 | $742,129 |
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 |
|---|---|---|---|---|
| BDMP ASSURANCE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDMP ASSURANCE, LLP — Auditor
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 | $92,146 | $36,731 | — | — | — |
| 2023 | $71,134 | $28,141 | — | — | — |
| 2022 | $53,857 | — | $53,857 | — | — |