Plan Snapshot
- Plan Sponsor: Maine Dartmouth Family Medicine Residency
- Sponsor EIN: 010369195
- Sponsor Address: 15 E CHESTNUT STREET, AUGUSTA, ME, 04330
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 123
- Total Assets: $29.2M
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 | 123 | $29.2M | $746,092 | $1.3M |
| 2023 | 116 | $24.3M | $736,920 | $1.3M |
| 2022 | 127 | $19.5M | $687,957 | $1.1M |
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 |
|---|---|---|---|---|
| EP WEALTH ADVISORS | Investment Advisor | $77,155 | — | $77,155 |
| ASCENSUS | Recordkeeper | $18,840 | — | $18,840 |
| BERRY DUNN MCNEIL & PARKER, LLC | Auditor | $12,000 | — | $12,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,995
- Estimated Expense Ratio: 0.370% 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 | $107,995 | $77,155 | — | — | — |
| 2023 | $76,296 | $62,540 | — | — | — |
| 2022 | $61,715 | — | — | — | $61,715 |