401(k) · DOL Form 5500 · 2023

Maine Employers' Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$127M
Total assets Near avg plan size
489
Participants Below avg headcount
93rd
Percentile by assets National rank
$259,661
Avg per participant Above avg balance/head
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Official DOL plan name: Maine Employers' Mutual Insurance Company 401(k) Plan · Sponsored by Maine Employers' Mutual Insurance Company · Maine · Finance & Insurance

$127M in assets, 489 participants

Maine Employers' Mutual Insurance Company's Maine Employers' Mutual Insurance Company 401(k) Plan reported $127M in total assets and 489 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #7,866 in Finance & Insurance (8,869 peers)

Where Maine Employers' Mutual Insurance Company 401(k) Plan sits by assets

Maine Employers' Mutual Insurance Company 401(k) Plan sits in the top 10% of all filed plans by assets, $127M for 489 participants (~$259,661/participant), up 17.7% in 2023.

#7,866
in Finance & Insurance (8,869 peers)
+17.7%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Maine Employers' Mutual Insurance Company 401(k) Plan's outsized position by total assets

Maine Employers' Mutual Insurance Company 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$126,974,438 Top 7% higher than 93% of 127,068 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 2023

Maine Employers' Mutual Insurance Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Maine Employers' Mutual Insurance Company 401(k) Plan sits mid-pack in the medium band (489 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Maine Employers' Mutual Insurance Company 401(k) Plan reported net income rose from -$17M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Maine Employers' Mutual Insurance Company 401(k) Plan end-of-year assets rose from $108M in the plan year 2022 filing to $127M in the plan year 2023 filing.
  • Maine Employers' Mutual Insurance Company 401(k) Plan reported participants rose from 470 in the plan year 2022 filing to 489 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 010476508 · Maine Employers' Mutual Insurance Company PY 2023 · 401(k)

Maine Employers' Mutual Insurance Company 401(k) Plan · $127M · 489 · 93rd

  • SCH $127M
  • EBSA 489
  • PART 93rd
  • TYPE 401(k)
  • NET near Walters & Wolf Retirement Plan
  • BOOK ind #7866

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 Finance & Insurance retirement plans → · Plans in Maine →

Maine Employers' Mutual Insurance Company 401(k) Plan in the asset neighbourhood

Tata Communications 401(k) PlanTata Communications 401(k) P…$127MWalters & Wolf Retirement PlanWalters & Wolf Retirement Pl…$127MColorcon, Inc. 401(k) Savings PlanColorcon, Inc. 401(k) Saving…$127MMaine Employers' Mutual Insurance Company 401(k) PlanMaine Employers' Mutual Insu…$127MNew Enterprise Associates 401(k) PlanNew Enterprise Associates 40…$127M
End-of-year total assets ($M) among Maine Employers' Mutual Insurance Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$108M
Net Assets (End of Year)$127M
Net Income$19M
Employer EIN010476508
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maine Employers' Mutual Insurance Company)

Sponsor-wide plan assets over time

All Maine Employers' Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$146M 35.69995191167347% vs 2022
2024 filing year
$100M$120M$140M$160M 202220232024 $108M $146M ▲ +35.7%
Year Plans Participants Total Assets
2022 1 470 $108M
2023 1 489 $127M
2024 1 465 $146M

Nearby 401(k) Plans in Maine

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

Maine Employers' Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Maine Employers' Mutual Insurance Company 401(k) Plan, Total assets ($B): 0.126974438 · Participants: 489Maine Employers' Mutual Insurance Company 401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 4.942173822 · Participants: 30094Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.163858906 · Participants: 9604Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.048053529 · Participants: 6594Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 0.986043827 · Participants: 29370Hannaford Bros. Co. 401(k) PlanL.L. Bean 401(k) Retirement Savings Plan, Total assets ($B): 0.721305706 · Participants: 7173L.L. Bean 401(k) Retirement Savings Plan
Maine Employers' Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Maine Employers' Mutual Insurance Company 401(k) Plan side-by-side with 3 peers →

Maine Employers' Mutual Insurance Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Walters & Wolf Retirement Plan in CA ($127M); by covered participants it is Lusamerica 401(k) Plan in CA (489 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($127M here).

Similar participant headcount

Nearest other-state filings by covered participants (489 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Maine Employers' Mutual Insurance Company 401(k) Plan assets move in 2023? ▼
Maine Employers' Mutual Insurance Company 401(k) Plan grew sharply - up 17.7% during 2023, from $108M to $127M. Reported net income was $19M.
How have Maine Employers' Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Maine Employers' Mutual Insurance Company's sponsor-wide assets grew 35.7%, from $108M to $146M.
Where does Maine Employers' Mutual Insurance Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Maine Employers' Mutual Insurance Company 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Maine Employers' Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Walters & Wolf Retirement Plan in CA ($127M, 429 participants).
Which 401(k) plans cover a similar participant headcount to Maine Employers' Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lusamerica 401(k) Plan in CA (489 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010476508.

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.