Plan Snapshot
- Plan Sponsor: Preservation Management, INC.
- Sponsor EIN: 010460929
- Sponsor Address: 261 GORHAM ROAD, SOUTH PORTLAND, ME, 04106
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $7.6M
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 | 324 | $7.6M | $204,560 | $629,632 |
| 2023 | 305 | $7.0M | $176,073 | $629,595 |
| 2022 | 339 | $5.9M | $137,611 | $656,920 |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — 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 | $59,383 | — | $59,383 | — | — |
| 2023 | $61,611 | — | $61,611 | — | — |
| 2022 | $37,785 | — | $37,785 | — | — |