Plan Snapshot
- Plan Sponsor: Ra Cummings INC
- Sponsor EIN: 010425312
- Sponsor Address: P.O. BOX 1747, AUBURN, ME, 04211
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $7.5M
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 | 107 | $7.5M | $431,773 | $576,850 |
| 2023 | 106 | $6.2M | $328,492 | $505,550 |
| 2022 | 99 | $4.7M | $338,964 | $431,573 |
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 |
|---|---|---|---|---|
| ALBIN, RANDALL AND BENNETT | 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 | $38,753 | — | $38,753 | — | — |
| 2023 | $42,853 | — | $42,853 | — | — |
| 2022 | $44,338 | $18,043 | $26,295 | — | — |