Plan Snapshot
- Plan Sponsor: O'Hara Corporation
- Sponsor EIN: 010314950
- Sponsor Address: 120 TILLSON AVE., ROCKLAND, ME, 04841
- Plan Type: 401(k)
- Total Participants: 363
- Total Assets: $22.7M
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 | 363 | $22.7M | $605,261 | $1.3M |
| 2023 | 321 | $19.5M | $575,513 | $1.3M |
| 2022 | 328 | $17.6M | $622,741 | $1.3M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $56,570 | $15,344 | — | — | — |
| 2023 | $68,218 | $15,342 | — | — | — |
| 2022 | $62,459 | $15,244 | — | — | — |