Plan Snapshot
- Plan Sponsor: Wright-Pierce
- Sponsor EIN: 010228316
- Sponsor Address: 11 BOWDOIN MILL ISLAND, SUITE 140, TOPSHAM, ME, 04086
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $76.9M
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 | 342 | $76.9M | $2.0M | $3.4M |
| 2023 | 304 | $72.0M | $1.7M | $3.1M |
| 2022 | 290 | $62.4M | $1.5M | $2.8M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INS & ANNUITY CO | RECORDKEEPER | $56,663 | — | $56,663 |
| OSAIC WEALTH, INC. | BROKER/DEALER | $37,500 | — | $37,500 |
| BERRY DUNN MCNEIL PARKER, LLC | SERVICE PROVIDER | $14,440 | — | $14,440 |
| ACENSUS | SERVICE PROVIDER | $13,504 | — | $13,504 |
| VOYA RETIREMENT ADVISORS, LLC | INVESTMENT ADVISORY | $8,924 | — | $8,924 |
| BDMP ASSURANCE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH, INC. — BROKER/DEALER
- ACENSUS — SERVICE PROVIDER
- BDMP ASSURANCE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,031
- Estimated Expense Ratio: 0.170% 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 | $131,399 | — | $131,399 | — | — |
| 2023 | $115,040 | $3,628 | $56,407 | $13,705 | — |
| 2022 | $101,209 | — | — | — | — |