Plan Snapshot
- Plan Sponsor: Cedars Nursing Care Center
- Sponsor EIN: 010211517
- Sponsor Address: 630 OCEAN AVENUE, PORTLAND, ME, 041032704
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $8.3M
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 | 247 | $8.3M | $137,652 | $771,149 |
| 2023 | 218 | $8.0M | $115,049 | $640,711 |
| 2022 | 193 | $7.4M | $99,299 | $565,563 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $51,990 | — | $51,990 |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISORY | — | $23,968 | $23,968 |
| CLIFTONLARSONALLENLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — INVESTMENT ADVISORY
- CLIFTONLARSONALLENLLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,958
- Estimated Expense Ratio: 0.913% 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 | $51,990 | — | $51,990 | — | — |
| 2023 | $48,093 | — | $48,093 | — | — |
| 2022 | $47,094 | — | $47,094 | — | — |