401(k) · DOL Form 5500 · 2022

Versant Power 401(k) Plan

Data updated 2026-08-25

$76M
Total assets Below avg plan size
467
Participants Below avg headcount
91st
Percentile by assets National rank
$163,508
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Versant Power 401(k) Plan · Sponsored by Versant Power · Maine · Utilities

$76M in assets, 467 participants

Versant Power's Versant Power 401(k) Plan reported $76M in total assets and 467 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #456 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Versant Power 401(k) Plan ranks #456 of 738 2022 filers by assets (703% of the sector average)-$76M for 467 participants.

#456
in Utilities (738 peers)
-23.3%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Versant Power 401(k) Plan's outsized position by total assets

Versant Power 401(k) Plan vs every filed plan by assets

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

$76,358,199 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Versant Power 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Versant Power 401(k) Plan sits mid-pack in the medium band (467 participants).

Plan-year Form 5500 strip

Filing strip 010024370 · Versant Power PY 2022 · 401(k)

Versant Power 401(k) Plan · $76M · 467 · 91st

  • EIN $76M
  • RANK 467
  • PHOTO 91st
  • IND 401(k)
  • EOY near Wood Mackenzie, Inc. 401(k) Plan
  • 5500 ind #456

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Maine →

Versant Power 401(k) Plan in the asset neighbourhood

Versant Power 401(k) Plan$76MWood Mackenzie, Inc. 401(k) PlanWood Mackenzie, Inc. 401(k) …$76MSupernus Pharmaceuticals, Inc. 401(k) Profit Sharing PlanSupernus Pharmaceuticals, In…$76MBbva, S.a. New York Branch 401(k) PlanBbva, S.a. New York Branch 4…$76MInternational Brotherhood of Electrical Workers Local Union 305 Pension PlanInternational Brotherhood of…$76M
End-of-year total assets ($M) among Versant Power 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$76M
Net Income-$23M
Employer EIN010024370
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Versant Power)

Sponsor-wide plan assets over time

All Versant Power plans reported in each filing year

Latest sponsor-wide plan assets
$236M 11.142038265087427% vs 2022
2024 filing year
$210M$220M$230M$240M 202220232024 $213M $236M ▲ +11.1%
Year Plans Participants Total Assets
2022 3 597 $213M
2023 3 613 $231M
2024 3 632 $236M

Nearby 401(k) Plans in Maine

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

Versant Power 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Versant Power 401(k) Plan, Total assets ($B): 0.076358199 · Participants: 467Versant Power 401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 4.082814523 · Participants: 26725Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 1.823433108 · Participants: 9051Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 0.833975444 · Participants: 6436Idexx Retirement and Incentive Savings PlanHannaford Bros. Co., LLC Retirement Savings Plan, Total assets ($B): 0.831539018 · Participants: 28776Hannaford Bros. Co., LLC Retirement Savings PlanThe Cianbro Team Equity Plan, Total assets ($B): 0.624114187 · Participants: 2575The Cianbro Team Equity Plan
Versant Power 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Versant Power 401(k) Plan side-by-side with 3 peers →

Versant Power 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Wood Mackenzie, Inc. 401(k) Plan in TX ($76M); by covered participants it is Kellwood Company Retirement Savings Plan in CA (467 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (467 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Versant Power 401(k) Plan assets move in 2022? ▼
Versant Power 401(k) Plan declined sharply - down 23.3% during 2022, from $100M to $76M. Reported net income was -$23M.
How have Versant Power plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Versant Power's sponsor-wide assets grew 11.1%, from $213M to $236M.
Where does Versant Power 401(k) Plan rank by assets among Form 5500 filers? ▼
Versant Power 401(k) Plan ranks in the 91st 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 Versant Power 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wood Mackenzie, Inc. 401(k) Plan in TX ($76M, 523 participants).
Which 401(k) plans cover a similar participant headcount to Versant Power 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kellwood Company Retirement Savings Plan in CA (467 participants, $97M in assets).

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 010024370.

Read our methodology - how this data is sourced, computed, and verified.

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