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Original filing (PDF)20250730143854NAL0004895857001
VERSANT POWER
Form 5500
FILING_RECEIVED
VERSANT POWER HEALTH & WELFARE PLAN
Health & welfare plan
Signals · 3
30% in single holding~695 bps in Sched C feesNo recordkeeper disclosed
Active participants
104
Accounts w/ balance
—
Plan assets (EOY)
$4.2M
Net assets (EOY)
$3.6M
How this plan invests
This plan
8 pooled trusts
Schedule D
9 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
85
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "State Street" is 30% of plan.
- 695 bps in Schedule C fees — 1236% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for VERSANT POWER.
Plan sponsor
Name
VERSANT POWER
EIN
01-0024370
Address
970 ILLINOIS AVENUE · BANGOR, ME · 04401
Phone
(207) 941-6658
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
502
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-30
Welfare benefit codes
4A · Health (other than dental or vision)
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ANTHEM HEALTH PLANS OF MAINE INC | 31-1705652 | — | CLAIMS ADMINISTRATOR | $276K | — |
| OPTUM HEALTH FINANCIAL SERVICES | — | EDEN PRAIRIE, MN | CLAIMS ADMINISTRATOR | $15K | — |
Investments
1 direct security · 8 pooled funds· $3.9M(93% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$3.9M
8 holdings
Uncategorized
$50K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| STATE STREET S&P 500(R) INDEX NON- STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-6625099 / PN 001 | Common Collective Trust | — | $919K | $1.2M | 27.9% | |
| STATE STREET U.S. SHORT-TERM GOVERN STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 32-6528132 / PN 050 | Common Collective Trust | — | $795K | $845K | 20.2% | |
| MERCER CORE FIXED INCOME PORTFOLIO MERCER TRUST COMPANY LLC · EIN 03-0566615 / PN 006 | Common Collective Trust | — | $565K | $562K | 13.4% | |
| MERCER NON-US CORE EQUITY PORTFOLIO MERCER TRUST COMPANY LLC · EIN 03-0566617 / PN 009 | Common Collective Trust | — | $515K | $530K | 12.6% | |
| MERCER OPPORTUNISTIC FIXED INCOME P MERCER TRUST COMPANY LLC · EIN 36-7630030 / PN 020 | Common Collective Trust | — | $249K | $245K | 5.8% | |
| MERCER EMERGING MARKETS EQUITY PORT MERCER TRUST COMPANY LLC · EIN 32-6219484 / PN 017 | Common Collective Trust | — | $218K | $223K | 5.3% | |
| MERCER US SMALL/MID CAP EQUITY PORT MERCER TRUST COMPANY LLC · EIN 03-0566611 / PN 003 | Common Collective Trust | — | $201K | $206K | 4.9% | |
| MERCER GLOBAL LOW VOLATILITY EQUITY MERCER TRUST COMPANY LLC · EIN 35-7004395 / PN 018 | Common Collective Trust | — | $112K | $87K | 2.1% | |
| First American | — | — | $50K | $50K | 1.2% |
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