Profit Sharing · DOL Form 5500 · 2022

Maine Coast Memorial Hospital Retirement Plan

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

$834K
Total assets
95
Participants
5th
Percentile by assets

Sponsored by Maine Coast Regional Health Facilities · Maine · Healthcare & Social Assistance

What the 2022 filing shows

Maine Coast Memorial Hospital Retirement Plan holds $834K for 95 participants - about $8,780 per participant, among the smaller plans by assets on file, down 20.5% over the 2022 plan year.

$834K
total plan assets (2022 EOY)
95
covered participants
5th
percentile by assets (of 84,055 plans)
$8,780
avg assets per participant

The plan reported a net loss of $215K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$834K
Participants
95
State
Industry
Healthcare & Social Assistance

What the Filing Says About Maine Coast Memorial Hospital Retirement Plan

Maine Coast Memorial Hospital Retirement Plan is a Profit Sharing retirement plan sponsored by Maine Coast Regional Health Facilities, headquartered in Maine. As of the 2022 Form 5500 filing, the plan reports $834K in total end-of-year assets and covers 95 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 010198331, and the plan has been effective since 1994-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2022 to $834K at year-end - a decline of 20.5%. Net assets (after liabilities) closed the year at $834K, with reported net income of $-214,827 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.

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)$1M
Total Assets (End of Year)$834K
Net Assets (End of Year)$834K
Net Income$-214,827
Plan TypeProfit Sharing
Employer EIN010198331
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Maine

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Frequently Asked Questions

How much money is in the Maine Coast Memorial Hospital Retirement Plan?
As of the 2022 Form 5500 filing, Maine Coast Memorial Hospital Retirement Plan holds $834K in total assets with 95 participants. It is sponsored by Maine Coast Regional Health Facilities.
What type of plan is Maine Coast Memorial Hospital Retirement Plan?
Maine Coast Memorial Hospital Retirement Plan is a Profit Sharing plan. It has been effective since 1994-01-01. The plan is filed with the U.S. Department of Labor under EIN 010198331.
Who sponsors the Maine Coast Memorial Hospital Retirement Plan?
Maine Coast Memorial Hospital Retirement Plan is sponsored by Maine Coast Regional Health Facilities, located in Maine. The sponsor's EIN is 010198331 and the plan operates in the Healthcare & Social Assistance industry.
How did Maine Coast Memorial Hospital Retirement Plan perform in 2022?
Maine Coast Memorial Hospital Retirement Plan declined by 20.5% during 2022, moving from $1M to $834K in total assets. Net income was $-214,827.
Where can I find official filings for Maine Coast Memorial Hospital Retirement Plan?
Official Form 5500 filings for Maine Coast Memorial Hospital Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 010198331 or plan name at efast.dol.gov.
How does Maine Coast Memorial Hospital Retirement Plan compare to other plans?
You can compare Maine Coast Memorial Hospital 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 010198331.

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.