Retirement plan

CENTRAL MAINE POWER COMPANY EMPLOYEE SAVINGS AND INVESTMENT PLAN FOR NON-UNION EMPLOYEES

Name: CENTRAL MAINE POWER COMPANY - CENTRAL MAINE POWER COMPANY EMPLOYEE SAVINGS AND INVESTMENT PLAN FOR NON-UNION EMPLOYEES (2019) Form 5500
Creator: CENTRAL MAINE POWER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL MAINE POWER COMPANY EMPLOYEE SAVINGS AND INVESTMENT PLAN FOR NON-UNION EMPLOYEES, CENTRAL MAINE POWER COMPANY

CENTRAL MAINE POWER COMPANYEIN 01-0042740Plan #004PY 2019

83 EDISON DRIVE - AUGUSTA, ME 04336203-499-3858

Other plans on this EIN

3 filings

#002Retirement-$205.8M assets #001Retirement-$149.0M assets #005Retirement-$117.5M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed November 9, 2005 (most recent of 9 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$131.1M

+14.1% from 2018

Total participants

596

+2.4% from 2018

Average account balance

$223,756

+11.1% from 2018

Annual return

20.77%

+24.60 pp from 2018

Benchmarks

See 138 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants250-999

Cohort138 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-92.13%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

See the 7-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC5+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$18,790
BONADIO & CO., LLP1 year Service code 10 100 CORPORATE PARKWAY · AMHERST, NY 14226	Accounting	$11,000
NEPC, LLC2 years Service code 27 PO BOX 4110 · WOBURN, MA 01888	Advisory (Plan)	$10,351
BAKER NEWMAN NOYES1 year Service code 10 PO BOX 507 · PORTLAND, ME 04112	Accounting	$8,800
HINMAN, HOWARD & KATTELL, LLP1 year Service code 16 PO BOX 5250 · BINGHAM, NY 13902	Consulting	$5,054

Plan features & details

Pension benefit codes2A2E2F2G2J2K2S2T3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$54K

$122 / participant

Investment mgmt$10K19.1%
Other / not subdivided$44K80.9%

% of EOY assets

0.041%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: THE BONADIO GROUP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$223,756

$174,559+28.2%

$105,387+112.3%

$67,579+231.1%

Participation rate

97.7%

88.2%+9.6pp

82.6%+15.2pp

71.3%+26.5pp

Annual return

20.77%

23.63%-2.9pp

26.82%-6.1pp

378.56%-357.8pp

Employer contribution / active EE

$4,774

$4,874-2.0%

$4,213+13.3%

$2,148+122.3%

Participant deferral / active EE

$6,866

$7,563-9.2%

$5,502+24.8%

$3,539+94.0%

Admin fee / account holder

$93

$270-65.7%

$6,559-98.6%

$142-34.9%

Provider

Service type

Compensation

T ROWE PRICE RPS INC5+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$18,790

BONADIO & CO., LLP1 year

Service code 10

100 CORPORATE PARKWAY · AMHERST, NY 14226

Accounting

$11,000

NEPC, LLC2 years

Service code 27

PO BOX 4110 · WOBURN, MA 01888

Advisory (Plan)

$10,351

BAKER NEWMAN NOYES1 year

Service code 10

PO BOX 507 · PORTLAND, ME 04112

Accounting

$8,800

HINMAN, HOWARD & KATTELL, LLP1 year

Service code 16

PO BOX 5250 · BINGHAM, NY 13902

Consulting

$5,054

CENTRAL MAINE POWER COMPANY EMPLOYEE SAVINGS AND INVESTMENT PLAN FOR NON-UNION EMPLOYEES

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL MAINE POWER COMPANY EMPLOYEE SAVINGS AND INVESTMENT PLAN FOR NON-UNION EMPLOYEES

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion