# Maine Community Foundation 401(k) Plan
Source: https://planprovider.pro/companies/maine-community-foundation-401k-plan

> Maine Community Foundation's 401(k) plan: 55 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Maine Community Foundation

- **Sponsor EIN:** 010391479

- **Sponsor Address:** 245 MAIN ST, ELLSWORTH, ME, 04605

- **Plan Type:** 401(k)

- **Total Participants:** 55

- **Total Assets:** $8.8M

## 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|55|$8.8M|$447,087|$515,288|

| 2023|50|$8.3M|$381,485|$429,840|

| 2022|48|$6.7M|$347,068|$388,984|

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