Plan Snapshot
- Plan Sponsor: Employees Of Municipal And Other Public Employers Of Maine Health Tr
- Sponsor EIN: 010382676
- Sponsor Address: 60 COMMUNITY DRIVE, AUGUSTA, ME, 043308008
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 9,574
- Total Assets: $116.1M
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. |
|---|---|---|---|---|
| 2025 | 9,574 | $116.1M | $0 | $0 |
| 2024 | 9,548 | $120.4M | $170.3M | $39.5M |
| 2023 | 9,376 | $114.0M | $159.5M | $35.8M |
| 2022 | 9,026 | $117.7M | $145.7M | $37.2M |
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 |
|---|---|---|---|---|
| MAINE MUNICIPAL ASSOCIATION | Other Service Provider | $4,098,446 | — | $4,098,446 |
| ANTHEM BLUE CROSS BLUE SHIELD OF ME | Recordkeeper | $2,772,758 | — | $2,772,758 |
| BUSINESSOLVER INC | Recordkeeper | $636,234 | — | $636,234 |
| UNUM LIFE INSURANCE CO OF AMERICA | Recordkeeper | $561,302 | — | $561,302 |
| CHEIRON, INC | Actuary | $471,308 | — | $471,308 |
| NORTHEAST DELTA DENTAL | Recordkeeper | $364,490 | — | $364,490 |
| VERRILL DANA LLP | ERISA Attorney | $182,941 | — | $182,941 |
| CROSS BENEFIT SOLUTIONS | Other Service Provider | $109,400 | — | $109,400 |
| MERCER HEALTH BENEFITS | Investment Advisor | $89,500 | — | $89,500 |
| PROGYNY, INC | Recordkeeper | $49,571 | — | $49,571 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,335,950
- Estimated Expense Ratio: 8.042% 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 | $234,561,859 | — | $8,373,720 | $13,596 | — |
| 2024 | $9,110,380 | — | $8,084,896 | $13,596 | — |
| 2023 | $8,715,438 | — | $7,834,857 | $13,240 | — |
| 2022 | $8,387,462 | — | $4,006,410 | — | $615,388 |