Plan Ledger DOL Form 5500 · updated monthly

Cport Credit Union of Maine401(k)

CPORT CREDIT UNION RETIREMENT SAVINGS PLAN · PORTLAND, ME · plan year 2024

Reported admin expense ratio · 2024
0.14%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Cport Credit Union of Maine reported $8,671 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,823 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Maine (260th of 354), and 4,336th of 4,798 in finance & insurance. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,440,177
Participants with balances127
Active participants111
Employer contributions$313,316
Employee contributions$482,151
Employer contribution per active participant$2,823
Average account balance$50,710
Benefits paid to participants$861,090
Plan auditUnmodified (clean) audit opinion
AuditorALBIN,RANDALL & BENNETT
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,718
Investment management$6,953
Total administrative$8,671
The Cport Credit Union of Maine 401(k) match · 2024
Employer contribution per active participant$2,823
Median for plans this size$1,313

Cport Credit Union of Maine's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2024$8,671 · 0.14%
Same employer
Similar plansFinance & Insurance · Maine
Uig, Inc. ME$13.1M · 0.56%
Varney Agency, Inc. ME$12.2M · 0.47%
Evergreen Credit Union ME$12.0M · 0.01%
Maine State Credit Union ME$6.7M · 0.33%
C&F Finance Company VA$6.5M · 0.76%
North Salem State Bank IN$6.5M · 0.19%
Futu Clearing Inc. TX$6.4M · 1.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010079380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.