401(k)
2022 plan-year 401(k) DOL Form 5500

Hebron Academy, Inc. Retirement Plan

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

Sponsored by Hebron Academy · Maine · Educational Services

What the 2023 filing shows

Hebron Academy, Inc. Retirement Plan holds $5M for 84 participants — about $64,533 per participant, down 15.5% over the 2022 plan year.

$5M
total plan assets (2022 EOY)
84
covered participants
$64,533
avg assets per participant
-15.5%
assets change YoY

The plan reported a net loss of $998K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$5M
Participants
84
State
Industry
Educational Services

What the Filing Says About Hebron Academy, Inc. Retirement Plan

Hebron Academy, Inc. Retirement Plan is a 401(k) retirement plan sponsored by Hebron Academy, headquartered in Maine. As of the 2022 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 84 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 010224898, and the plan has been effective since 2013-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2022 to $5M at year-end — a decline of 15.5%. Net assets (after liabilities) closed the year at $5M, with reported net income of $-997,924 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$6M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$-997,924
Plan Type401(k)
Employer EIN010224898
Plan Effective Date2013-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hebron Academy)

Year Plans Participants Total Assets
2022 1 84 $5M
2023 1 79 $6M
2024 1 82 $8M

Nearby 401(k) Plans in Maine

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

Frequently Asked Questions

How much money is in the Hebron Academy, Inc. Retirement Plan?
As of the 2022 Form 5500 filing, Hebron Academy, Inc. Retirement Plan holds $5M in total assets with 84 participants. It is sponsored by Hebron Academy.
What type of plan is Hebron Academy, Inc. Retirement Plan?
Hebron Academy, Inc. Retirement Plan is a 401(k) plan. It has been effective since 2013-02-01. The plan is filed with the U.S. Department of Labor under EIN 010224898.
Who sponsors the Hebron Academy, Inc. Retirement Plan?
Hebron Academy, Inc. Retirement Plan is sponsored by Hebron Academy, located in Maine. The sponsor's EIN is 010224898 and the plan operates in the Educational Services industry.
How did Hebron Academy, Inc. Retirement Plan perform in 2022?
Hebron Academy, Inc. Retirement Plan declined by 15.5% during 2022, moving from $6M to $5M in total assets. Net income was $-997,924.
Where can I find official filings for Hebron Academy, Inc. Retirement Plan?
Official Form 5500 filings for Hebron Academy, Inc. Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 010224898 or plan name at efast.dol.gov.
How does Hebron Academy, Inc. Retirement Plan compare to other plans?
You can compare Hebron Academy, Inc. Retirement Plan against other 401(k) plans on the plan type page, or view plans in Maine on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 010224898.

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.