Plan Snapshot
- Plan Sponsor: Katahdin Trust Company
- Sponsor EIN: 010099500
- Sponsor Address: 20 KATAHDIN LANE, HOULTON, ME, 04730
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $24.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 175 | $24.3M | $463,704 | $958,036 |
| 2023 | 172 | $21.9M | $438,386 | $919,362 |
| 2022 | 171 | $18.9M | $420,562 | $880,534 |
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 | — | — | $0 |
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: $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 | $105,210 | $69,121 | — | — | — |
| 2023 | $92,188 | $58,173 | — | — | — |
| 2022 | $97,093 | $57,586 | $39,507 | — | — |