Plan Snapshot
- Plan Sponsor: Pierce Atwood LLP
- Sponsor EIN: 010190452
- Sponsor Address: MERRILL'S WHARF, PORTLAND, ME, 04101
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $138.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 260 | $138.1M | $3.9M | $4.4M |
| 2023 | 262 | $108.9M | $3.6M | $2.8M |
| 2022 | 177 | $97.0M | $3.0M | $2.6M |
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 | $172,721 | $135,488 | — | — | — |
| 2023 | $180,835 | $132,975 | — | — | — |
| 2022 | $161,742 | $95,714 | — | — | $12,400 |