Plan Snapshot
- Plan Sponsor: Roman Catholic Bishop Of Portland
- Sponsor EIN: 010212546
- Sponsor Address: 510 OCEAN AVENUE, PORTLAND, ME, 04103
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 32
- Total Assets: $7.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 32 | $7.9M | $1.2M | $0 |
| 2023 | 31 | $7.2M | $1.5M | $0 |
| 2022 | 38 | $6.2M | $1.3M | $0 |
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 |
|---|---|---|---|---|
| ROMAN CATHOLIC BISHOP OF PORTLAND | Other Service Provider | $42,500 | — | $42,500 |
| FL PUTNAM INVESTMENT MGT CO | Other Service Provider | $26,236 | — | $26,236 |
| BAKER, NEWMAN & NOYES | Other Service Provider | $13,745 | — | $13,745 |
| ARTHUR J. GALLAGHER & CO. | Investment Advisor | $7,000 | — | $7,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARTHUR J. GALLAGHER & CO. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,481
- Estimated Expense Ratio: 1.134% 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 | $112,194 | $26,236 | — | $10,000 | — |
| 2023 | $56,184 | $26,069 | — | $9,500 | — |
| 2022 | $54,398 | $22,093 | — | — | — |