Plan Snapshot
- Plan Sponsor: Central Maine Power Company
- Sponsor EIN: 010042740
- Sponsor Address: 180 MARSH HILL ROAD, ORANGE, CT, 064773629
- Plan Type: DB
- Total Participants: 1,670
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,670 | $1.6B | $0 | $0 |
| 2023 | 423 | $269.7M | $0 | $0 |
| 2022 | 447 | $266.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| BONADIO & CO., LLP | Auditor | $25,005 | — | $25,005 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,005
- Estimated Expense Ratio: 0.002% 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 | $1,852,896 | $340,723 | — | $25,005 | — |
| 2023 | $1,908,871 | $330,272 | — | $36,849 | — |
| 2022 | $317,475 | $117,323 | — | — | $110,656 |