Plan Snapshot
- Plan Sponsor: Green Mountain Power Corporation
- Sponsor EIN: 030127430
- Sponsor Address: 2152 POST ROAD, RUTLAND, VT, 05701
- Plan Type: 401(k)
- Total Participants: 533
- Total Assets: $243.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 533 | $243.3M | $3.9M | $7.9M |
| 2023 | 529 | $220.1M | $3.5M | $7.3M |
| 2022 | 510 | $196.4M | $2.8M | $6.8M |
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 |
|---|---|---|---|---|
| GOSSELIN CONSULTING GROUP LLC | Other Service Provider | $58,000 | — | $58,000 |
| T ROWE PRICE RPS INC | Other Service Provider | $48,127 | — | $48,127 |
| MCSOLEY MCCOY & CO. | Auditor | $19,000 | — | $19,000 |
| WILLIS TOWERS WATSON | Other Service Provider | $12,250 | — | $12,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCSOLEY MCCOY & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,377
- Estimated Expense Ratio: 0.056% 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 | $264,833 | — | — | $21,625 | — |
| 2023 | $225,712 | — | — | $18,000 | — |
| 2022 | $143,897 | — | — | — | $89,546 |