Plan Snapshot
- Plan Sponsor: Kennebec Behavioral Health
- Sponsor EIN: 010265559
- Sponsor Address: 67 EUSTIS PARKWAY, WATERVILLE, ME, 049014989
- Plan Type: 401(k)
- Total Participants: 488
- Total Assets: $22.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 488 | $22.8M | $891,108 | $1.4M |
| 2023 | 419 | $19.4M | $685,134 | $1.3M |
| 2022 | 397 | $17.0M | $657,475 | $1.2M |
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 |
|---|---|---|---|---|
| OUELLETTE & ASSOCIATES, PA | 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 | $3,036 | — | $3,036 | — | — |
| 2023 | $2,908 | — | — | — | — |
| 2022 | $2,788 | — | $1,500 | — | — |