Plan Snapshot
- Plan Sponsor: Houlton Regional Hospital
- Sponsor EIN: 237134386
- Sponsor Address: 20 HARTFORD STREET, HOULTON, ME, 047301891
- Plan Type: 403(b)
- Total Participants: 355
- Total Assets: $24.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 355 | $24.6M | $47,595 | $871,616 |
| 2023 | 380 | $24.2M | $50,318 | $891,849 |
| 2022 | 380 | $20.8M | $0 | $823,798 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $48,290 | — | $48,290 |
| CHESTER M KEARNEY, PA | Auditor | $12,845 | — | $12,845 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,135
- Estimated Expense Ratio: 0.248% 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 | $61,135 | — | $48,290 | $12,845 | — |
| 2023 | $46,735 | — | $46,735 | — | — |
| 2022 | $63,907 | $10,500 | $53,407 | — | — |