Plan Snapshot
- Plan Sponsor: Maine Drilling & Blasting, INC.
- Sponsor EIN: 010275868
- Sponsor Address: PO BOX 1140, 542 BRUNSWICK AVENUE, GARDINER, ME, 04345
- Plan Type: 401(k)
- Total Participants: 556
- Total Assets: $35.6M
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 | 556 | $35.6M | $571,720 | $3.7M |
| 2023 | 543 | $30.9M | $502,901 | $3.2M |
| 2022 | 499 | $28.8M | $421,158 | $2.7M |
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 | $215,540 | — | $215,540 | — | — |
| 2023 | $188,456 | — | $188,456 | — | — |
| 2022 | $183,934 | — | $183,934 | — | — |