Plan Snapshot
- Plan Sponsor: Shalom House, INC.
- Sponsor EIN: 237119236
- Sponsor Address: 106 GILMAN STREET, PORTLAND, ME, 041120560
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 209
- Total Assets: $4.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 209 | $4.9M | $142,937 | $442,507 |
| 2023 | 212 | $4.1M | $119,837 | $371,210 |
| 2022 | 173 | $3.3M | $113,272 | $284,743 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES AND ASSOCIATES INC. | Recordkeeper | $23,289 | — | $23,289 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES AND ASSOCIATES INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,289
- Estimated Expense Ratio: 0.475% 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 | $39,592 | $23,289 | $4,125 | — | — |
| 2023 | $27,874 | $19,259 | $2,100 | — | — |
| 2022 | $18,919 | — | — | — | — |