Plan Snapshot
- Plan Sponsor: Eastern Maine Healthcare Systems D/B/A Northern Light Health
- Sponsor EIN: 010527066
- Sponsor Address: 43 WHITING HILL RD, BREWER, ME, 04412
- Plan Type: 401(k)
- Total Participants: 10,678
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 10,678 | $1.2B | $17.6M | $61.7M |
| 2023 | 10,712 | $1.1B | $17.0M | $61.7M |
| 2022 | 12,015 | $937.6M | $16.6M | $60.9M |
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 |
|---|---|---|---|---|
| BDMP ASSURANCE LLP | Auditor | $18,285 | — | $18,285 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDMP ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,285
- Estimated Expense Ratio: 0.002% 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 |
|---|---|---|---|---|---|
| 2024 | $1,092,397 | $300,003 | $774,109 | $18,285 | — |
| 2023 | $1,045,768 | $283,816 | $745,237 | $16,715 | — |
| 2022 | $1,060,226 | $225,394 | $817,682 | — | $17,150 |