Plan Snapshot
- Plan Sponsor: Bluewater Emergency Partners, LLC Dba Blue Water Health
- Sponsor EIN: 275451023
- Sponsor Address: 14 MAINE ST, BOX 44, BRUNSWICK, ME, 04011
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 187
- Total Assets: $36.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 187 | $36.2M | $0 | $0 |
| 2024 | 112 | $27.8M | $1.2M | $1.4M |
| 2023 | 94 | $25.3M | $1.1M | $1.3M |
| 2022 | 93 | $21.1M | $439,206 | $1.1M |
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 |
|---|---|---|---|---|
| THE VANGUARD GORUP, INC. | Custodian / Trustee | $15,855 | — | $15,855 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,855
- Estimated Expense Ratio: 0.044% 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 |
|---|---|---|---|---|---|
| 2025 | $1,759,771 | — | $15,991 | — | — |
| 2024 | $4,883,822 | — | — | — | — |
| 2023 | $1,869,327 | — | — | — | — |
| 2022 | $619,482 | — | — | — | — |