Plan Snapshot
- Plan Sponsor: Dennis Beverage Company
- Sponsor EIN: 010206333
- Sponsor Address: 101 MECAW ROAD, HAMPDEN, ME, 04444
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 185
- Total Assets: $9.6M
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. |
|---|---|---|---|---|
| 2025 | 185 | $9.6M | $0 | $0 |
| 2024 | 154 | $8.0M | $169,158 | $826,680 |
| 2023 | 147 | $6.6M | $170,717 | $789,689 |
| 2022 | 137 | $6.1M | $155,060 | $662,967 |
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 |
|---|---|---|---|---|
| VALMARK ADVISERS, INC. | Investment Advisor | $24,498 | — | $24,498 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $19,414 | — | $19,414 |
| BLUE RIDGE ESOP ASSOCIATES | Recordkeeper | $3,655 | $4,096 | $7,751 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,663
- Estimated Expense Ratio: 0.541% 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 |
|---|---|---|---|---|---|
| 2025 | $878,366 | — | $3,655 | — | — |
| 2024 | $24,648 | — | $4,080 | — | — |
| 2023 | $22,629 | — | $1,360 | — | — |
| 2022 | $22,623 | — | — | — | $22,623 |