Plan Snapshot
- Plan Sponsor: Wright-Pierce
- Sponsor EIN: 010228316
- Sponsor Address: 11 BOWDOIN MILL ISLAND, SUITE 140, TOPSHAM, ME, 04086
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 458
- Total Assets: $92.8M
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. |
|---|---|---|---|---|
| 2025 | 458 | $92.8M | $0 | $0 |
| 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 & ANNUITY CO | Other Service Provider | $58,376 | — | $58,376 |
| OSAIC WEALTH, INC. | Investment Advisor | $30,000 | — | $30,000 |
| SETAWAY, LLC | Other Service Provider | $14,780 | — | $14,780 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $12,291 | — | $12,291 |
| ACENSUS | Other Service Provider | $5,333 | — | $5,333 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,780
- Estimated Expense Ratio: 0.130% 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 |
|---|---|---|---|---|---|
| 2025 | $4,090,170 | $62,403 | $58,376 | — | — |
| 2024 | $131,399 | — | $131,399 | — | — |
| 2023 | $115,040 | $3,628 | $56,407 | $13,705 | — |
| 2022 | $101,209 | — | — | — | — |