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UNIVERSITY OF MAINE FOUNDATION RETIREMENT PLAN 401k Plan overview

Plan NameUNIVERSITY OF MAINE FOUNDATION RETIREMENT PLAN
Plan identification number 131

UNIVERSITY OF MAINE FOUNDATION RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

UNIVERSITY OF MAINE FOUNDATION has sponsored the creation of one or more 401k plans.

Company Name:UNIVERSITY OF MAINE FOUNDATION
Employer identification number (EIN):015011601
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNIVERSITY OF MAINE FOUNDATION RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
1312023-01-01KEVIN FRAZIER2024-09-24

Financial Data on UNIVERSITY OF MAINE FOUNDATION RETIREMENT PLAN

Measure Date Value
2025 : UNIVERSITY OF MAINE FOUNDATION RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-10770093
Net assets as of the end of the plan year2025-09-107994787
Total assets as of the beginning of the plan year2025-09-107170695
Value of plan covered by a fidelity bond2025-09-10500000
Participant contributions to plan in this plan year2025-09-10285780
Other expenses paid from plan in this plan year2025-09-105569
Other contributions to plan in this plan year2025-09-1016427
Other income to plan in this plan year2025-09-10892193
Plan net income in this plan year2025-09-10824092
Net assets as of the end of the plan year2025-09-107994787
Net assets as of the beginning of the plan year2025-09-107170695
Employer contributions to plan in this plan year2025-09-10399785
Fees paid to broker by Benefit Provider2025-09-10642
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-109755
2024 : UNIVERSITY OF MAINE FOUNDATION RETIREMENT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-2429369
Net assets as of the end of the plan year2024-09-247170695
Total assets as of the beginning of the plan year2024-09-245625079
Value of plan covered by a fidelity bond2024-09-24700000
Participant contributions to plan in this plan year2024-09-24262669
Other contributions to plan in this plan year2024-09-240
Other income to plan in this plan year2024-09-24943377
Plan net income in this plan year2024-09-241545616
Net assets as of the end of the plan year2024-09-247170695
Net assets as of the beginning of the plan year2024-09-245625079
Employer contributions to plan in this plan year2024-09-24368939
Fees paid to broker by Benefit Provider2024-09-2470
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-248318

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