Plan Snapshot
- Plan Sponsor: Berman & Simmons, P.A.
- Sponsor EIN: 010315653
- Sponsor Address: PO BOX 961, LEWISTON, ME, 04243
- Plan Type: 401(k)
- Total Participants: 62
- Total Assets: $33.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 62 | $33.0M | $827,450 | $719,335 |
| 2023 | 64 | $32.2M | $798,618 | $732,706 |
| 2022 | 67 | $29.9M | $750,145 | $664,711 |