Plan Snapshot
- Plan Sponsor: Wabanaki Public Health And Wellness
- Sponsor EIN: 043337456
- Sponsor Address: 16 CENTRAL STREET, BANGOR, ME, 04401
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $2.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 213 | $2.3M | $292,037 | $565,629 |
| 2023 | 192 | $1.3M | $201,116 | $357,551 |
| 2022 | 61 | $634,899 | $113,511 | $210,297 |
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 |
|---|---|---|---|---|
| PENOBSCOT WEALTH MANAGMENT | Investment Advisor | $7,309 | — | $7,309 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,309
- Estimated Expense Ratio: 0.316% 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 | $10,369 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |