Plan Snapshot
- Plan Sponsor: Central Distributors, INC.
- Sponsor EIN: 010042570
- Sponsor Address: 15 FOSS ROAD, LEWISTON, ME, 042411936
- Plan Type: 401(k)
- Total Participants: 142
- Total Assets: $10.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 142 | $10.4M | $187,850 | $241,221 |
| 2023 | 121 | $9.1M | $178,295 | $222,649 |
| 2022 | 113 | $10.9M | $170,379 | $209,586 |
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 |
|---|---|---|---|---|
| OUELLETTE & ASSOCIATES | 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 | $20,980 | $17,487 | $3,493 | — | — |
| 2023 | $17,332 | — | $17,332 | — | — |
| 2022 | $16,600 | — | — | — | $16,600 |