401(k) · DOL Form 5500 · 2022

Maine Life Care Retirement Community, Inc. D/B/a Piper Shores 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
198
Participants Below avg headcount
59th
Percentile by assets National rank
$37,683
Avg per participant Low balance/head
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Official DOL plan name: Piper Shores 401(k) Plan · Sponsored by Maine Life Care Retirement Community, Inc. D/B/a Piper Shores · Maine · Healthcare & Social Assistance

$7M in assets, 198 participants

Maine Life Care Retirement Community, Inc. D/B/a Piper Shores's Piper Shores 401(k) Plan reported $7M in total assets and 198 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #12,975 in Healthcare & Social Assistance (20,060 peers)

Coverage in Maine

Piper Shores 401(k) Plan covers 198 participants in Maine, about 42% of the average Maine filer (state average ~472 per filing). Assets: $7M.

#12,975
in Healthcare & Social Assistance (20,060 peers)
-12.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Piper Shores 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Piper Shores 401(k) Plan vs every filed plan by assets

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

$7,461,308 Top 41% higher than 59% 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

Piper Shores 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. Piper Shores 401(k) Plan sits mid-pack in the medium band (198 participants).

EBSA filing schedule strip

Filing strip 010496258 · Maine Life Care Retirement Community, Inc. D/B/a Piper Shores PY 2022 · 401(k)

Piper Shores 401(k) Plan · $7M · 198 · 59th

  • PHOTO $7M
  • IND 198
  • EOY 59th
  • 5500 401(k)
  • ASSETS near Fore Property Company 401(k) Savings Plan
  • PCT ind #12975

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 Healthcare & Social Assistance retirement plans → · Plans in Maine →

Piper Shores 401(k) Plan in the asset neighbourhood

Piper Shores 401(k) Plan$7MFore Property Company 401(k) Savings PlanFore Property Company 401(k)…$7MKpff/Rrc Profit Sharing Plan$7MCoon Brothers, Inc. 401(k) Profit Sharing PlanCoon Brothers, Inc. 401(k) P…$7MMms Holdings Inc 401(k) Profit Sharing Plan & TrustMms Holdings Inc 401(k) Prof…$7M
End-of-year total assets ($M) among Piper Shores 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maine filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN010496258
Plan Effective Date2003-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maine Life Care Retirement Community, Inc. D/B/a Piper Shores)

Sponsor-wide plan assets over time

All Maine Life Care Retirement Community, Inc. D/B/a Piper Shores plans reported in each filing year

Latest sponsor-wide plan assets
$9M 24.120690366890095% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.46M $9.26M ▲ +24.1%
Year Plans Participants Total Assets
2022 1 198 $7M
2023 1 198 $7M
2024 1 227 $9M

Nearby 401(k) Plans in Maine

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

Piper Shores 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Piper Shores 401(k) Plan, Total assets ($B): 0.007461308 · Participants: 198Piper Shores 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
Piper Shores 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Piper Shores 401(k) Plan side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Fore Property Company 401(k) Savings Plan in NV ($7M); by covered participants it is Carparts Distribution Center, Inc. Profit Sharing Plan in NH (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 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 Piper Shores 401(k) Plan assets move in 2022? ▼
Piper Shores 401(k) Plan pulled back noticeably - down 12.1% during 2022, from $8M to $7M. Reported net income was -$1M.
How have Maine Life Care Retirement Community, Inc. D/B/a Piper Shores plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Maine Life Care Retirement Community, Inc. D/B/a Piper Shores's sponsor-wide assets grew 24.1%, from $7M to $9M.
Which 401(k) plans are similar in size to Piper Shores 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fore Property Company 401(k) Savings Plan in NV ($7M, 143 participants).
Which 401(k) plans cover a similar participant headcount to Piper Shores 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carparts Distribution Center, Inc. Profit Sharing Plan in NH (198 participants, N/A 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 010496258.

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.