Plan Snapshot
- Plan Sponsor: Connectivity Point Design & Installation, LLC
- Sponsor EIN: 030399415
- Sponsor Address: PO BOX 1268, AUBURN, ME, 04211
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $8.8M
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 | 171 | $8.8M | $135,046 | $458,559 |
| 2023 | 190 | $7.5M | $131,357 | $417,985 |
| 2022 | 185 | $6.0M | $116,443 | $361,685 |
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 | $31,258 | — | $31,258 | — | — |
| 2023 | $26,730 | — | $26,730 | — | — |
| 2022 | $28,726 | — | $28,726 | — | — |