Plan Snapshot
- Plan Sponsor: Northern Maine Medical Center
- Sponsor EIN: 010234189
- Sponsor Address: 194 EAST MAIN STREET, FORT KENT, ME, 047431433
- Plan Type: 403(b)
- Total Participants: 417
- Total Assets: $37.2M
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 | 417 | $37.2M | $421,711 | $1.4M |
| 2023 | 449 | $35.7M | $435,781 | $1.4M |
| 2022 | 494 | $35.2M | $516,234 | $1.7M |
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 |
|---|---|---|---|---|
| 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 | $89,165 | $23,250 | $65,915 | — | — |
| 2023 | $37,602 | $21,000 | $16,602 | — | — |
| 2022 | $17,713 | — | $17,713 | — | — |