Defined Benefit (Pension) · DOL Form 5500 · 2022

Versant Power Pension Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
39
Participants Small participant base
76th
Percentile by assets National rank
$472,892
Avg per participant High balance/head
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Official DOL plan name: Maine Public Service Company Pension Plan · Sponsored by Versant Power · Maine · Utilities

$18M in assets, 39 participants

Versant Power's Maine Public Service Company Pension Plan reported $18M in total assets and 39 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #277 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Maine Public Service Company Pension Plan ranks #277 of 738 2022 filers by assets (2911% of the sector average)-$18M for 39 participants.

#277
in Utilities (738 peers)
-24.9%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Maine Public Service Company Pension Plan's outsized position by total assets

Maine Public Service Company Pension Plan vs every filed plan by assets

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

$18,442,787 Top 24% higher than 76% 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

Maine Public Service Company Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Maine Public Service Company Pension Plan is a small filing (39 participants) on this national headcount ladder.

DOL schedule card

Filing strip 010024370 · Versant Power PY 2022 · Defined Benefit (Pension)

Maine Public Service Company Pension Plan · $18M · 39 · 76th

  • EIN $18M
  • RANK 39
  • PHOTO 76th
  • IND Defined Benefit (Pension)
  • EOY near Retirement Plan for Corning Natural Gas Corporation
  • 5500 ind #277

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 →

Maine Public Service Company Pension Plan in the asset neighbourhood

Its Technologies & Logistics, LLC Employees Pension PlanIts Technologies & Logistics…$18MThe Bank of Romney Defined Benefit Retirement PlanThe Bank of Romney Defined B…$18MPuerto Rico Retirement Plan$18MMaine Public Service Company Pension PlanMaine Public Service Company…$18MRetirement Plan for Corning Natural Gas CorporationRetirement Plan for Corning …$18M
End-of-year total assets ($M) among Maine Public Service Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$18M
Net Income-$6M
Employer EIN010024370
Plan Effective Date1952-01-01
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 Defined Benefit (Pension) Plans in Maine

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Maine Public Service Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Maine Public Service Company Pension Plan, Total assets ($B): 0.018442787 · Participants: 39Maine Public Service Company Pension PlanUnum Group Pension Plan, Total assets ($B): 1.331379027 · Participants: 3545Unum Group Pension PlanMaine Medical Center Pension Plan, Total assets ($B): 0.697294392 · Participants: 2933Maine Medical Center Pension PlanLegacy Chrysler Financial Employee Pension Plan, Total assets ($B): 0.54388522 · Participants: 265Legacy Chrysler Financial Employee Pension PlanTd Banknorth Inc. Pension Plan, Total assets ($B): 0.426889884 · Participants: 1730Td Banknorth Inc. Pension PlanNorthern Light Health Retirement Partnership Plan, Total assets ($B): 0.262602197 · Participants: 6070Northern Light Health Retirement Partnership Plan
Maine Public Service Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants
Compare Maine Public Service Company Pension Plan side-by-side with 3 peers →

Maine Public Service Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maine, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Corning Natural Gas Corporation in NY ($18M); by covered participants it is Retirement Plan for Officers,Business Reps and Office Employees of Local 464a in NJ (39 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (39 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 Maine Public Service Company Pension Plan assets move in 2022? ▼
Maine Public Service Company Pension Plan declined sharply - down 24.9% during 2022, from $25M to $18M. Reported net income was -$6M.
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 Maine Public Service Company Pension Plan rank by assets among Form 5500 filers? ▼
Maine Public Service Company Pension Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Maine Public Service Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Corning Natural Gas Corporation in NY ($18M, 52 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Maine Public Service Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Officers,Business Reps and Office Employees of Local 464a in NJ (39 participants, $12M 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.