Plan Snapshot
- Plan Sponsor: Maine College Of Art And Design
- Sponsor EIN: 010378758
- Sponsor Address: 522 CONGRESS STREET, PORTLAND, ME, 041019000
- Plan Type: 403(b)
- Total Participants: 93
- Total Assets: $16.2M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 93 | $16.2M | $289,702 | $479,933 |
| 2023 | 92 | $14.5M | $270,299 | $423,381 |
| 2022 | 91 | $12.7M | $230,319 | $370,514 |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI 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 | $24,909 | — | $24,909 | — | — |
| 2023 | $18,812 | — | $18,812 | — | — |
| 2022 | $16,193 | — | $16,193 | — | — |