Plan Snapshot
- Plan Sponsor: Butler Bros.
- Sponsor EIN: 010227197
- Sponsor Address: 2001 LISBON ROAD, LEWISTON, ME, 04243
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $17.2M
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 | 141 | $17.2M | $274,708 | $873,238 |
| 2023 | 134 | $14.7M | $260,156 | $798,565 |
| 2022 | 129 | $12.9M | $245,524 | $716,557 |
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 |
|---|---|---|---|---|
| BAKER NEWMAN NOYES | Auditor | — | — | $0 |
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 | $48,928 | — | $48,928 | — | — |
| 2023 | $41,809 | — | $41,809 | — | — |
| 2022 | $42,423 | — | $42,423 | — | — |