401(k) · DOL Form 5500 · 2023

Mathews Brothers Company 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
199
Participants Below avg headcount
50th
Percentile by assets National rank
$34,341
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mathews Brothers Company 401(k) Plan · Sponsored by Mathews Brothers Company · Maine · Manufacturing

$7M in assets, 199 participants

Mathews Brothers Company's Mathews Brothers Company 401(k) Plan reported $7M in total assets and 199 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #6,483 in Manufacturing (18,722 peers)

Coverage in Maine

Mathews Brothers Company 401(k) Plan covers 199 participants in Maine, about 42% of the average Maine filer (state average ~472 per filing). Assets: $7M.

#6,483
in Manufacturing (18,722 peers)
+15.6%
assets growth YoY

Mathews Brothers Company 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Mathews Brothers Company 401(k) Plan vs every filed plan by assets

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

$6,833,939 Top 50% higher than 50% 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

Mathews Brothers 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. Mathews Brothers Company 401(k) Plan sits mid-pack in the medium band (199 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mathews Brothers Company 401(k) Plan reported net income rose from -$754K in the plan year 2022 filing to $922K in the plan year 2023 filing.
  • Mathews Brothers Company 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Mathews Brothers Company 401(k) Plan reported participants fell from 214 in the plan year 2022 filing to 199 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 010116500 · Mathews Brothers Company PY 2023 · 401(k)

Mathews Brothers Company 401(k) Plan · $7M · 199 · 50th

  • RANK $7M
  • RANK 199
  • RANK 50th
  • RANK 401(k)
  • RANK near Artimus Construction and K&r Realty 401(k) Plan
  • RANK ind #6483

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 Manufacturing retirement plans → · Plans in Maine →

Mathews Brothers Company 401(k) Plan in the asset neighbourhood

Mathews Brothers Company 401(k) PlanMathews Brothers Company 401…$7MArtimus Construction and K&r Realty 401(k) PlanArtimus Construction and K&r…$7MOrion Systems, Inc. 401(k) Plan & TrustOrion Systems, Inc. 401(k) P…$7MSchafer Richardson, LLC 401(k) Retirement PlanSchafer Richardson, LLC 401(…$7MMaslansky & Partners LLC 401(k) PlanMaslansky & Partners LLC 401…$7M
End-of-year total assets ($M) among Mathews Brothers Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$922K
Employer EIN010116500
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mathews Brothers Company)

Sponsor-wide plan assets over time

All Mathews Brothers Company plans reported in each filing year

Latest sponsor-wide plan assets
$7M 24.20639585876679% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M$7.5M 202220232024 $5.91M $7.34M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 214 $6M
2023 1 199 $7M
2024 1 244 $7M

Nearby 401(k) Plans in Maine

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

Mathews Brothers Company 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Mathews Brothers Company 401(k) Plan, Total assets ($B): 0.006833939 · Participants: 199Mathews Brothers 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
Mathews Brothers Company 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Mathews Brothers Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Artimus Construction and K&r Realty 401(k) Plan in NY ($7M); by covered participants it is Una's Nonprofit Retirement Solution in UT (199 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (199 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 Mathews Brothers Company 401(k) Plan assets move in 2023?
Mathews Brothers Company 401(k) Plan grew sharply - up 15.6% during 2023, from $6M to $7M. Reported net income was $922K.
How have Mathews Brothers Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Mathews Brothers Company's sponsor-wide assets grew 24.2%, from $6M to $7M.
Which 401(k) plans are similar in size to Mathews Brothers Company 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Artimus Construction and K&r Realty 401(k) Plan in NY ($7M, 113 participants).
Which 401(k) plans cover a similar participant headcount to Mathews Brothers Company 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Una's Nonprofit Retirement Solution in UT (199 participants, $987K in assets).