Plan Snapshot
- Plan Sponsor: Penquis C.A.P. INC.
- Sponsor EIN: 016023748
- Sponsor Address: 262 HARLOW ST, BANGOR, ME, 04402
- Plan Type: 403(b)
- Total Participants: 505
- Total Assets: $19.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 505 | $19.3M | $643,433 | $1.3M |
| 2023 | 501 | $17.3M | $630,195 | $1.2M |
| 2022 | 511 | $14.5M | $634,595 | $1.2M |
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 |
|---|---|---|---|---|
| ONEAMERICA RETIREMENT SERVICES LLC | RECORDKEEPER | $78,170 | — | $78,170 |
| WIPFLI | Auditor | $78,170 | — | $78,170 |
| CES INSURANCE AGENCY INC | NONE | $40,605 | — | $40,605 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $196,945
- Estimated Expense Ratio: 1.022% of plan assets
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 | $118,775 | $40,605 | — | $78,170 | — |
| 2023 | $39,458 | $15,684 | $23,774 | — | — |
| 2022 | $47,636 | $42,302 | $5,334 | — | — |