Plan Ledger DOL Form 5500 · updated monthly

Wabanaki Public Health and Wellness401(k)

WABANAKI PUBLIC HEALTH AND WELLNESS 401(K) PLAN · BANGOR, ME · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Wabanaki Public Health and Wellness reported $10,369 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,371 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 retail trade employers. By assets it is among the smaller plans on file in Maine (313th of 354), and 4,574th of 5,215 in retail trade. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,316,303
Participants with balances242
Active participants213
Employer contributions$292,037
Employee contributions$565,629
Employer contribution per active participant$1,371
Average account balance$9,572
Benefits paid to participants$161,877
Plan auditUnmodified (clean) audit opinion
The Wabanaki Public Health and Wellness 401(k) match · 2024
Employer contribution per active participant$1,371
Median for plans this size$1,313

Wabanaki Public Health and Wellness's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PENOBSCOT WEALTH MANAGMENT · Investment advisory (participants) · Investment advisory (plan)$7,309

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

Administrative cost history1
2024$10,369 · 0.57%
Same employer
Similar plansRetail Trade · Maine
Fabian Oil Inc ME$5.0M · 0.15%
Dysarts Service ME$4.2M · 0.76%
Muji USA Limited NY$2.3M · 1.57%
Miracle Ford, Inc. TN$2.3M · 0.56%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 043337456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.