Plan Snapshot
- Plan Sponsor: Twin Rivers Paper Company LLC
- Sponsor EIN: 271723368
- Sponsor Address: 82 BRIDGE AVENUE, MADAWASKA, ME, 04756
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $53.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 106 | $53.1M | $1.2M | $1.8M |
| 2023 | 121 | $47.7M | $1.2M | $1.8M |
| 2022 | 128 | $38.3M | $1.1M | $1.7M |
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 |
|---|---|---|---|---|
| CHESTER M. KEARNEY, PA | Auditor | $6,710 | — | $6,710 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,710
- Estimated Expense Ratio: 0.013% 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 | $11,604 | $29,368 | $1,500 | $6,710 | — |
| 2023 | $1,358 | $18,367 | $300 | $7,000 | — |
| 2022 | $16,804 | $5,054 | — | — | — |