Plan Snapshot
- Plan Sponsor: Martin'S Point Health Care
- Sponsor EIN: 010353275
- Sponsor Address: 331 VERANDA STREET, PORTLAND, ME, 04104
- Plan Type: 401(k)
- Total Participants: 1,045
- Total Assets: $166.5M
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 | 1,045 | $166.5M | $5.0M | $8.2M |
| 2023 | 1,000 | $143.7M | $4.7M | $7.8M |
| 2022 | 1,023 | $121.5M | $4.4M | $7.4M |
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 |
|---|---|---|---|---|
| BAKER NEWMAN NOYES | Auditor | — | — | $0 |
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 | -$184,024 | — | — | — | — |
| 2023 | -$187,266 | $45,000 | — | — | — |
| 2022 | -$76,951 | — | — | — | — |