Plan Snapshot
- Plan Sponsor: Cport Credit Union Of Maine
- Sponsor EIN: 010079380
- Sponsor Address: 50 RIVERSIDE INDUSTRIAL PARKWAY, PORTLAND, ME, 04103
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $6.4M
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 | 111 | $6.4M | $313,316 | $482,151 |
| 2023 | 124 | $5.5M | $287,265 | $422,920 |
| 2022 | 98 | $4.2M | $227,676 | $318,039 |
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 |
|---|---|---|---|---|
| ALBIN,RANDALL & BENNETT | 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 | $8,671 | $6,953 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |