Plan Snapshot
- Plan Sponsor: Nepw Logistics INC.
- Sponsor EIN: 030470501
- Sponsor Address: 70 QUARRY ROAD, PORTLAND, ME, 04103
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $6.7M
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 | 172 | $6.7M | $358,545 | $538,433 |
| 2023 | 162 | $5.9M | $334,756 | $500,048 |
| 2022 | 175 | $4.4M | $304,951 | $464,944 |
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, LLC | 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 | $44,704 | — | $44,704 | — | — |
| 2023 | $39,816 | $18,765 | — | — | — |
| 2022 | $32,198 | $16,278 | $15,920 | — | — |