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: DB
- Total Participants: 4,302
- Total Assets: $298.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,302 | $298.9M | $39.8M | $0 |
| 2023 | 4,567 | $278.6M | $33.7M | $0 |
| 2022 | 5,549 | $262.6M | $11.1M | $0 |
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 | $10,535 | — | $10,535 |
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: $10,535
- Estimated Expense Ratio: 0.004% 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 | $5,887,847 | $232,635 | $69,460 | $10,535 | — |
| 2023 | $7,055,963 | $214,272 | $78,781 | $24,465 | — |
| 2022 | $4,337,853 | $220,379 | $102,640 | — | $355,981 |