Profit Sharing · DOL Form 5500 · 2022

Clark Insurance Profit Sharing Plan

Data updated 2026-08-11

$23M
Total assets
134
Participants
79th
Percentile by assets
$168,592
Avg per participant
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Official DOL plan name: Clark Insurance Profit Sharing Plan and Trust · Sponsored by Clark Insurance · Maine · Finance & Insurance

$23M in assets, 134 participants

Clark Insurance's Clark Insurance Profit Sharing Plan and Trust reported $23M in total assets and 134 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 139,126 plans)
  • #6,144 in Finance & Insurance (9,261 peers)

Coverage in Maine

Clark Insurance Profit Sharing Plan and Trust covers 134 participants in Maine, about 28% of the average Maine filer (state average ~472 per filing). Assets: $23M.

$23M
total plan assets (2022 EOY)
134
covered participants
79th
percentile by assets (of 139,126 plans)
$168,592
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Clark Insurance Profit Sharing Plan and Trust sits by total assets

Clark Insurance Profit Sharing Plan and Trust vs every filed plan by assets

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

$22,591,312 Top 21% higher than 79% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State

Participants vs Maine filers

In Maine, the average filing covers about 472 participants across 561 plans. Clark Insurance Profit Sharing Plan and Trust reports 134 participants - about 28% of that state average ($23M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$23M
Net Income-$17M
Employer EIN010046400
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Clark Insurance)

$-50M$0M$50M$100M$150M 202220232024 $45.2M $0M ▼ -100.0%
Total plan assets by year, all Clark Insurance plans on file
Year Plans Participants Total Assets
2022 2 268 $45M
2023 3 341 $109M
2024 1 91 N/A

Nearby Profit Sharing Plans in Maine

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Clark Insurance Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. 02004006008001000 202530354045 Total assets ($M) Participants Clark Insurance Prof…, Total assets ($M): 22.591312 · Participants: 134Clark Insurance Prof…I.B.E.W. Local 1253 …, Total assets ($M): 42.62547 · Participants: 445I.B.E.W. Local 1253 …Penobscot Community …, Total assets ($M): 28.898359 · Participants: 888Penobscot Community …Millinocket Regional…, Total assets ($M): 25.967546 · Participants: 255Millinocket Regional…Clark Insurance Prof…, Total assets ($M): 22.591312 · Participants: 134Clark Insurance Prof…Shaw Brothers Constr…, Total assets ($M): 21.558572 · Participants: 209Shaw Brothers Constr…
Clark Insurance Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Maine, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Clark Insurance Profit Sharing Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Clark Insurance Profit Sharing Plan and Trust assets move in 2022?
Clark Insurance Profit Sharing Plan and Trust contracted severely - down 56.6% during 2022, from $52M to $23M. Reported net income was -$17M.
Where does Clark Insurance Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
Clark Insurance Profit Sharing Plan and Trust ranks in the 79th 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 Profit Sharing plans are similar in size to Clark Insurance Profit Sharing Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is Stevens Community Medical Center 403(b) Plan in MN ($23M, N/A participants).

Next read for Clark Insurance Profit Sharing Plan and …

Filing takeaways

Ways to act on Clark Insurance Profit Sharing Plan and Trust's numbers.

  • By total assets, Clark Insurance Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Maine. Compare plans