401(k) · DOL Form 5500 · 2022

Baker Newman & Noyes, LLC 401(k) Plan

Data updated 2026-08-11

$87M
Total assets
295
Participants
92nd
Percentile by assets
$293,500
Avg per participant
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Official DOL plan name: Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan · Sponsored by Baker Newman & Noyes, LLC · Maine · Professional & Technical Services

$87M in assets, 295 participants

Baker Newman & Noyes, LLC's Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan reported $87M in total assets and 295 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 92nd percentile by assets (of 139,126 plans)
  • #20,066 in Professional & Technical Services (21,562 peers)

Where Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan sits by assets

Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $87M for 295 participants (~$293,500/participant), down 14.9% in 2022.

$87M
total plan assets (2022 EOY)
295
covered participants
92nd
percentile by assets (of 139,126 plans)
$293,500
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan sits by total assets

Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$86,582,534 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan vs the 2022 asset distribution

By assets, Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$87M
Net Income-$15M
Employer EIN010494526
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baker Newman & Noyes, LLC)

$80M$90M$100M$110M$120M 202220232024 $86.6M $111M ▲ +27.8%
Total plan assets by year, all Baker Newman & Noyes, LLC plans on file
Year Plans Participants Total Assets
2022 1 295 $87M
2023 1 304 $100M
2024 1 314 $111M

Nearby 401(k) Plans in Maine

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Baker Newman & Noyes…, Total assets ($B): 0.086582534 · Participants: 295Baker Newman & Noyes…Td 401(k) Retirement…, Total assets ($B): 4.082814523 · Participants: 26725Td 401(k) Retirement…Unum Group 401(k) Re…, Total assets ($B): 1.823433108 · Participants: 9051Unum Group 401(k) Re…Idexx Retirement and…, Total assets ($B): 0.833975444 · Participants: 6436Idexx Retirement and…Hannaford Bros. Co.,…, Total assets ($B): 0.831539018 · Participants: 28776Hannaford Bros. Co.,…The Cianbro Team Equ…, Total assets ($B): 0.624114187 · Participants: 2575The Cianbro Team Equ…
Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan assets move in 2022?
Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan pulled back noticeably - down 14.9% during 2022, from $102M to $87M. Reported net income was -$15M.
How have Baker Newman & Noyes, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Baker Newman & Noyes, LLC's sponsor-wide assets grew 27.8%, from $87M to $111M.
Where does Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Cim Group, L.P. 401(k) Plan in CA ($87M, 1,004 participants).

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