Plan Snapshot
- Plan Sponsor: White House Motel
- Sponsor EIN: 010381910
- Sponsor Address: 155 LITTLEFIELD AVE, BANGOR, ME, 04401
- Plan Type: 401(k)
- Total Participants: 509
- Total Assets: $15.7M
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 | 509 | $15.7M | $612,642 | $477,400 |
| 2023 | 450 | $12.4M | $431,610 | $403,124 |
| 2022 | 361 | $9.9M | $504,440 | $343,759 |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | Recordkeeper | $24,925 | — | $24,925 |
| GUIDANCE POINT RETIREMENT SERVICES | Other Service Provider | $9,997 | — | $9,997 |
| CHARLES SCHWAB TRUST BANK | Recordkeeper | $14 | $6,994 | $7,008 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — Recordkeeper
- CHARLES SCHWAB TRUST BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,930
- Estimated Expense Ratio: 0.267% 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 | $34,922 | $9,997 | — | — | — |
| 2023 | $40,579 | $9,998 | — | — | — |
| 2022 | $43,291 | $10,000 | — | — | — |