Plan Snapshot
- Plan Sponsor: Village Subaru
- Sponsor EIN: 010322459
- Sponsor Address: P.O. BOX 1386, BANGOR, ME, 044021386
- Plan Type: 401(k)
- Total Participants: 337
- Total Assets: $29.3M
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 | 337 | $29.3M | $589,303 | $1.5M |
| 2023 | 329 | $25.9M | $583,527 | $1.4M |
| 2022 | 323 | $23.0M | $580,809 | $1.4M |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES LLC | Investment Advisor | $36,783 | — | $36,783 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $36,252 | — | $36,252 |
| ALBIN RANDALL & BENNETT | Auditor | $32,225 | — | $32,225 |
| WELLS FARGO ADVISORS FIN NETWORK LL | Investment Advisor | $13,190 | — | $13,190 |
| DOWNEAST PENSION SERVICES, INC. | Recordkeeper | $13,168 | — | $13,168 |
| NBT BANK NA DBA TPA EXPERTS | Other Service Provider | $10,430 | — | $10,430 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALBIN RANDALL & BENNETT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,048
- Estimated Expense Ratio: 0.486% 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 | $131,193 | — | — | — | — |
| 2023 | $110,075 | $110,075 | — | — | — |
| 2022 | $117,089 | $113,106 | — | — | — |