Other · DOL Form 5500 · 2023

Mount Desert Island Hospital Retirement Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
551
Participants Below avg headcount
84th
Percentile by assets National rank
$79,961
Avg per participant Below avg balance/head
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Official DOL plan name: Mount Desert Island Hospital Employee Savings Plan · Sponsored by Mount Desert Island Hospital · Maine · Healthcare & Social Assistance

$44M in assets, 551 participants

Mount Desert Island Hospital's Mount Desert Island Hospital Employee Savings Plan reported $44M in total assets and 551 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #15,301 in Healthcare & Social Assistance (17,684 peers)

Where Mount Desert Island Hospital Employee Savings Plan sits by assets

Mount Desert Island Hospital Employee Savings Plan sits in the top quartile of all filed plans by assets, $44M for 551 participants (~$79,961/participant), up 14.9% in 2023.

#15,301
in Healthcare & Social Assistance (17,684 peers)
+14.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Mount Desert Island Hospital Employee Savings Plan's outsized position by total assets

Mount Desert Island Hospital Employee Savings Plan vs every filed plan by assets

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

$44,058,499 Top 16% higher than 84% 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

Mount Desert Island Hospital Employee 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. Mount Desert Island Hospital Employee Savings Plan sits mid-pack in the medium band (551 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mount Desert Island Hospital Employee Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Mount Desert Island Hospital Employee Savings Plan reported participants rose from 329 in the plan year 2022 filing to 551 in the plan year 2023 filing.
  • Mount Desert Island Hospital Employee Savings Plan end-of-year assets rose from $38M in the plan year 2022 filing to $44M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 010211797 · Mount Desert Island Hospital PY 2023 · Other

Mount Desert Island Hospital Employee Savings Plan · $44M · 551 · 84th

  • BOY $44M
  • SCH 551
  • EBSA 84th
  • PART Other
  • TYPE near Gill St. Bernard's DC Retirement Plan
  • NET ind #15301

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 Healthcare & Social Assistance retirement plans → · Plans in Maine →

Mount Desert Island Hospital Employee Savings Plan in the asset neighbourhood

Golden Valley Health Centers 403(b) PlanGolden Valley Health Centers…$44MPingry Corporation 401(k) Defined Contribution PlanPingry Corporation 401(k) De…$44MGill St. Bernard's DC Retirement PlanGill St. Bernard's DC Retire…$44MMount Desert Island Hospital Employee Savings PlanMount Desert Island Hospital…$44MSt. Anne's Belfield, Inc. 403(b) Retirement PlanSt. Anne's Belfield, Inc. 40…$44M
End-of-year total assets ($M) among Mount Desert Island Hospital Employee Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$44M
Net Income$6M
Employer EIN010211797
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mount Desert Island Hospital)

Sponsor-wide plan assets over time

All Mount Desert Island Hospital plans reported in each filing year

Latest sponsor-wide plan assets
$50M 29.28999460020489% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.4M $49.6M ▲ +29.3%
Year Plans Participants Total Assets
2022 1 329 $38M
2023 1 551 $44M
2024 1 564 $50M

Nearby Other Plans in Maine

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

Mount Desert Island Hospital Employee Savings Plan vs. nearby Other plans in Maine, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Mount Desert Island Hospital Employee Savings Plan, Total assets ($B): 0.044058499 · Participants: 551Mount Desert Island Hospital Employee Savings PlanMainehealth 403(b) Retirement Plan, Total assets ($B): 2.133663491 · Participants: 22008Mainehealth 403(b) Retirement PlanNorthern Light Health Retirement Partnership 403(b) Plan, Total assets ($B): 1.066585695 · Participants: 12015Northern Light Health Retirement Partnership 403(b) PlanJax 403(b) Retirement Plan, Total assets ($B): 0.525518776 · Participants: 2592Jax 403(b) Retirement PlanMainegeneral Health 403(b) Retirement Plan, Total assets ($B): 0.371658055 · Participants: 4570Mainegeneral Health 403(b) Retirement PlanColby College Retirement Plan, Total assets ($B): 0.277945567 · Participants: 916Colby College Retirement Plan
Mount Desert Island Hospital Employee Savings Plan vs. nearby Other plans in Maine, assets vs. participants

Mount Desert Island Hospital Employee Savings Plan's out-of-state Other peers by assets and headcount

Outside Maine, the nearest Other by assets is Gill St. Bernard's DC Retirement Plan in NJ ($44M); by covered participants it is Drake University Voluntary Tax-Deferred Annuity Retirement Plan in IA (551 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (551 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 Mount Desert Island Hospital Employee Savings Plan assets move in 2023?
Mount Desert Island Hospital Employee Savings Plan grew at a solid clip - up 14.9% during 2023, from $38M to $44M. Reported net income was $6M.
How have Mount Desert Island Hospital plan assets changed over time?
Across 3 plan years on file (2022-2024), Mount Desert Island Hospital's sponsor-wide assets grew 29.3%, from $38M to $50M.
Where does Mount Desert Island Hospital Employee Savings Plan rank by assets among Form 5500 filers?
Mount Desert Island Hospital Employee Savings Plan ranks in the 84th 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 Other plans are similar in size to Mount Desert Island Hospital Employee Savings Plan?
Among Other plans in other states, the closest by assets is Gill St. Bernard's DC Retirement Plan in NJ ($44M, 199 participants).
Which Other plans cover a similar participant headcount to Mount Desert Island Hospital Employee Savings Plan?
Among Other plans in other states, the closest by covered participants is Drake University Voluntary Tax-Deferred Annuity Retirement Plan in IA (551 participants, $78M in assets).