Plan Snapshot
- Plan Sponsor: Chambers Leasing
- Sponsor EIN: 010351187
- Sponsor Address: PO BOX 615, MANCHESTER, ME, 04351
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $39.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 159 | $39.4M | $305,164 | $579,091 |
| 2023 | 136 | $33.7M | $218,056 | $412,463 |
| 2022 | 108 | $22.8M | $142,822 | $244,191 |
| 2021 | 81 | $11,014 | $8,674 | $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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
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 | $22,197 | $12,624 | $8,298 | — | — |
| 2023 | $13,836 | $8,207 | $5,254 | — | — |
| 2022 | $127,480 | — | $7,652 | — | — |
| 2021 | $15 | — | — | — | — |