Twin Rivers Paper Company LLC Madawaska Hourly 401(K) Plan — Form 5500 plan (Twin Rivers Paper Company LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Twin Rivers Paper Company LLC Madawaska Hourly 401(K) Plan is a benefit plan reported by Twin Rivers Paper Company LLC under EIN 27-1723368 and plan number 005. The latest loaded filing year is 2023. The filing reports 501 participants and $76,502,842 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$76.5MPlan net assets, end of year$76,502,842
Participants501Covered participants reported
Assets / participant$152.7KComputed: assets ÷ participants$152,700 (computed)
Provider compensationNone reported4 Schedule C provider row(s)
- Plan sponsor
- Twin Rivers Paper Company LLC
- EIN
- 27-1723368
- Plan number
- 005
- Plan type
- 2
- Location
- Madawaska, ME
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 501 | H, C | 20241008131559NAL0033834258001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$76.5M total assets
Net assets$76.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $76,502,842
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $76,502,842
- Net assets (BOY)
- $67,605,717
Income & contributions
- Employer contributions
- $2,448,907
- Participant contributions
- $2,365,902
- Total contributions
- $4,871,081
- Total income / additions
- $16,762,633
Expenses & distributions
- Benefits paid
- $7,479,676
- Administrative expenses
- -$2,948
- Total expenses
- $7,481,407
- Net increase / (decrease)
- $9,281,226
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
51%49%
Employer 51%Participant 49%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $12,532 | not reported in the loaded dataset | 2023 |
| Milliman | INVESTMENT ADVISOR | $11,095 | not reported in the loaded dataset | 2023 |
| Chester M. Kearney | ACCOUNTANT/AUDITOR | $7,000 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$33,575 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Twin Rivers Paper Company LLC
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Madawaska, ME
- Strategic Advisors, Inc. — Schedule C compensation
- Milliman — Schedule C compensation
- Chester M. Kearney — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation