Profit Sharing · DOL Form 5500 · 2022

Mainegeneral Health 403(b) Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$325M
Total assets
4,592
Participants
95th
Percentile by assets

Sponsored by Mainegeneral Health · Maine · Healthcare & Social Assistance

What the 2022 filing shows

Mainegeneral Health 403(b) Retirement Plan holds $325M for 4,592 participants - about $70,861 per participant, in the top 5% of all filed plans by assets, down 13.5% over the 2022 plan year.

$325M
total plan assets (2022 EOY)
4,592
covered participants
95th
percentile by assets (of 84,055 plans)
$70,861
avg assets per participant

The plan reported a net loss of $51M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$325M
Participants
4,592
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mainegeneral Health 403(b) Retirement Plan

Mainegeneral Health 403(b) Retirement Plan is a Profit Sharing retirement plan sponsored by Mainegeneral Health, headquartered in Maine. As of the 2022 Form 5500 filing, the plan reports $325M in total end-of-year assets and covers 4,592 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 043369649, and the plan has been effective since 1991-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $376M at the beginning of 2022 to $325M at year-end - a decline of 13.5%. Net assets (after liabilities) closed the year at $325M, with reported net income of $-50,940,285 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$376M
Total Assets (End of Year)$325M
Net Assets (End of Year)$325M
Net Income$-50,940,285
Plan TypeProfit Sharing
Employer EIN043369649
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mainegeneral Health)

Year Plans Participants Total Assets
2022 3 9,597 $493M
2023 3 9,736 $552M
2024 3 9,998 $601M

Nearby Profit Sharing Plans in Maine

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Mainegeneral Health 403(b) Retirement Plan?
As of the 2022 Form 5500 filing, Mainegeneral Health 403(b) Retirement Plan holds $325M in total assets with 4,592 participants. It is sponsored by Mainegeneral Health.
What type of plan is Mainegeneral Health 403(b) Retirement Plan?
Mainegeneral Health 403(b) Retirement Plan is a Profit Sharing plan. It has been effective since 1991-07-01. The plan is filed with the U.S. Department of Labor under EIN 043369649.
Who sponsors the Mainegeneral Health 403(b) Retirement Plan?
Mainegeneral Health 403(b) Retirement Plan is sponsored by Mainegeneral Health, located in Maine. The sponsor's EIN is 043369649 and the plan operates in the Healthcare & Social Assistance industry.
How did Mainegeneral Health 403(b) Retirement Plan perform in 2022?
Mainegeneral Health 403(b) Retirement Plan declined by 13.5% during 2022, moving from $376M to $325M in total assets. Net income was $-50,940,285.
Where can I find official filings for Mainegeneral Health 403(b) Retirement Plan?
Official Form 5500 filings for Mainegeneral Health 403(b) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 043369649 or plan name at efast.dol.gov.
How does Mainegeneral Health 403(b) Retirement Plan compare to other plans?
You can compare Mainegeneral Health 403(b) Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Maine on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043369649.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.