Plan Snapshot
- Plan Sponsor: Stroudwater Associates
- Sponsor EIN: 010459937
- Sponsor Address: 1685 CONGRESS ST., SUITE 202, PORTLAND, ME, 04102
- Plan Type: 401(k)
- Total Participants: 29
- Total Assets: $10.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 29 | $10.0M | $149,303 | $397,994 |
| 2023 | 28 | $8.6M | $114,766 | $333,945 |
| 2022 | 22 | $8.0M | $130,830 | $328,032 |
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICE LLC DBA | Other Service Provider | $26,211 | — | $26,211 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,211
- Estimated Expense Ratio: 0.262% 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 | $226,553 | — | -$1,443 | — | — |
| 2023 | $955,157 | — | -$648 | — | — |
| 2022 | $778,743 | — | $16,088 | — | — |