Plan Snapshot
- Plan Sponsor: Sail Energy, LLC
- Sponsor EIN: 461045056
- Sponsor Address: 210 COMMERCE WAY, PORTSMOUTH, NH, 03801
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $7.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 199 | $7.7M | $198,183 | $743,420 |
| 2023 | 201 | $6.3M | $178,832 | $649,427 |
| 2022 | 148 | $4.7M | $148,816 | $558,236 |
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 |
|---|---|---|---|---|
| GRAY,GRAY & GRAY LLP | 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 | $85,140 | — | $85,140 | — | — |
| 2023 | $65,227 | — | $65,227 | — | — |
| 2022 | $56,179 | — | $56,179 | — | — |