Plan Snapshot
- Plan Sponsor: Daigle Oil Company
- Sponsor EIN: 010271871
- Sponsor Address: PO BOX 328, 155 W. MAIN STREET, FORT KENT, ME, 047431228
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $11.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 90 | $11.0M | $107,371 | $403,445 |
| 2023 | 88 | $9.7M | $111,108 | $454,571 |
| 2022 | 85 | $7.8M | $101,650 | $418,186 |
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 |
|---|---|---|---|---|
| FELCH & COMPANY LLC | 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 | $42,244 | — | $34,656 | — | — |
| 2023 | $9,589 | — | $9,589 | — | — |
| 2022 | $11,797 | — | $11,797 | — | — |