Plan Snapshot
- Plan Sponsor: Maine Eye Center, P.A.
- Sponsor EIN: 010329291
- Sponsor Address: 15 LOWELL STREET, PORTLAND, ME, 04102
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $26.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 165 | $26.7M | $597,779 | $687,476 |
| 2023 | 138 | $24.9M | $482,962 | $564,253 |
| 2022 | 120 | $22.8M | $401,027 | $516,251 |
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 |
|---|---|---|---|---|
| BDMP ASSURANCE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDMP ASSURANCE, 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 | $123,078 | — | $123,078 | — | — |
| 2023 | $118,543 | — | $118,543 | — | — |
| 2022 | $144,735 | $80,958 | $63,777 | — | — |