Plan Snapshot
- Plan Sponsor: Gould Academy
- Sponsor EIN: 010211509
- Sponsor Address: PO BOX 860, BETHEL, ME, 042170860
- Plan Type: 403(b)
- Total Participants: 109
- Total Assets: $17.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 109 | $17.9M | $295,481 | $432,679 |
| 2023 | 106 | $16.0M | $287,052 | $419,478 |
| 2022 | 94 | $14.3M | $264,457 | $361,050 |
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 |
|---|---|---|---|---|
| RUNYON KERSTEEN OUELLETTE | 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 | $24,773 | — | $24,773 | — | — |
| 2023 | $20,455 | — | $20,455 | — | — |
| 2022 | -$237,761 | — | $16,558 | — | — |