Plan Ledger DOL Form 5500 · updated monthly

Downeast Community PartnersDC plan

403(B) THRIFT PLAN FOR EMPLOYEES OF DOWNEAST COMMUNITY PARTNERS · ELLSWORTH, ME · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Downeast Community Partners reported $1,175 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $756 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.

Across the 1 year on file its reported administrative ratio rose from 0.01% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maine (310th of 354), and 9,561st of 11,911 in health care & social assistance. In 2023, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,591,671
Participants with balances136
Active participants145
Employer contributions$109,634
Employee contributions$187,546
Employer contribution per active participant$756
Average account balance$19,056
Benefits paid to participants$338,838
Plan auditUnmodified (clean) audit opinion
AuditorONE RIVER, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$2.6M · 136 accts · $110K emplr
2022$2.2M · 114 accts · $110K emplr
Employer contributions to the Downeast Community Partners plan · 2023
Employer contribution per active participant$756
Median for plans this size$1,308
2023$756 per active participant
2022$615 per active participant

Downeast Community Partners's 2023 employer contribution ran below the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,093

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$1,175 · 0.05%
2022$217 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Maine
Port Resources ME$3.4M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010288757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.