401(k) · DOL Form 5500 · 2023

Reed and Reed 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
143
Participants Small participant base
82nd
Percentile by assets National rank
$255,826
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Reed & Reed Retirement Savings Plan · Sponsored by Reed and Reed · Maine · Construction

$37M in assets, 143 participants

Reed and Reed's Reed & Reed Retirement Savings Plan reported $37M in total assets and 143 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,247 in Construction (9,030 peers)

Coverage in Maine

Reed & Reed Retirement Savings Plan covers 143 participants in Maine, about 30% of the average Maine filer (state average ~472 per filing). Assets: $37M.

#7,247
in Construction (9,030 peers)
+10.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Reed & Reed Retirement Savings Plan's outsized position by total assets

Reed & Reed Retirement Savings Plan vs every filed plan by assets

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

$36,583,151 Top 18% higher than 82% 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

Reed & Reed Retirement Savings 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. Reed & Reed Retirement Savings Plan sits mid-pack in the medium band (143 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Reed & Reed Retirement Savings Plan reported net income rose from -$8M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Reed & Reed Retirement Savings Plan end-of-year assets rose from $33M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Reed & Reed Retirement Savings Plan reported participants fell from 151 in the plan year 2022 filing to 143 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 010378835 · Reed and Reed PY 2023 · 401(k)

Reed & Reed Retirement Savings Plan · $37M · 143 · 82nd

  • 5500 $37M
  • ASSETS 143
  • PCT 82nd
  • EIN 401(k)
  • RANK near The Middle River Aerostructure Systems Hourly Savings Plan
  • PHOTO ind #7247

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 Construction retirement plans → · Plans in Maine →

Reed & Reed Retirement Savings Plan in the asset neighbourhood

R.W. Beckett Profit Sharing and 401(k) PlanR.W. Beckett Profit Sharing …$37MReed & Reed Retirement Savings PlanReed & Reed Retirement Savin…$37MThe Middle River Aerostructure Systems Hourly Savings PlanThe Middle River Aerostructu…$37MWomack Machine Supply, Co. Retirement PlanWomack Machine Supply, Co. R…$37MCrews Banking Retirement Plan$37M
End-of-year total assets ($M) among Reed & Reed Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$37M
Net Income$4M
Employer EIN010378835
Plan Effective Date1982-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Reed and Reed)

Sponsor-wide plan assets over time

All Reed and Reed plans reported in each filing year

Latest sponsor-wide plan assets
$63M 48.85484784556532% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $42.4M $63.1M ▲ +48.9%
Year Plans Participants Total Assets
2022 2 292 $42M
2023 2 277 $50M
2024 2 312 $63M

Nearby 401(k) Plans in Maine

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

Reed & Reed Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Reed & Reed Retirement Savings Plan, Total assets ($B): 0.036583151 · Participants: 143Reed & Reed Retirement Savings 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
Reed & Reed Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Reed & Reed Retirement Savings Plan side-by-side with 3 peers →

Reed & Reed Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is The Middle River Aerostructure Systems Hourly Savings Plan in MD ($37M); by covered participants it is Precision International Automotive Products Inc. 401 (K) Plan in NY (143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (143 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 Reed & Reed Retirement Savings Plan assets move in 2023? ▼
Reed & Reed Retirement Savings Plan grew at a solid clip - up 10.9% during 2023, from $33M to $37M. Reported net income was $4M.
How have Reed and Reed plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Reed and Reed's sponsor-wide assets grew 48.9%, from $42M to $63M.
Where does Reed & Reed Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Reed & Reed Retirement Savings Plan ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Reed & Reed Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Middle River Aerostructure Systems Hourly Savings Plan in MD ($37M, 568 participants).
Which 401(k) plans cover a similar participant headcount to Reed & Reed Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Precision International Automotive Products Inc. 401 (K) Plan in NY (143 participants, $27M 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 010378835.

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.