401(k) · DOL Form 5500 · 2023

Maine Savings Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
119
Participants Small participant base
65th
Percentile by assets National rank
$116,185
Avg per participant Below avg balance/head
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Official DOL plan name: Maine Savings Federal Credit Union 401(k) Plan and Trust · Sponsored by Maine Savings Federal Credit Union · Maine · Finance & Insurance

$14M in assets, 119 participants

Maine Savings Federal Credit Union's Maine Savings Federal Credit Union 401(k) Plan and Trust reported $14M in total assets and 119 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,489 in Finance & Insurance (8,869 peers)

Coverage in Maine

Maine Savings Federal Credit Union 401(k) Plan and Trust covers 119 participants in Maine, about 25% of the average Maine filer (state average ~472 per filing). Assets: $14M.

#4,489
in Finance & Insurance (8,869 peers)
+17.7%
assets growth YoY

Maine Savings Federal Credit Union 401(k) Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Maine Savings Federal Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$13,826,008 Top 35% higher than 65% 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 Savings Federal Credit Union 401(k) Plan and Trust 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 Savings Federal Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (119 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Maine Savings Federal Credit Union 401(k) Plan and Trust reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Maine Savings Federal Credit Union 401(k) Plan and Trust end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Maine Savings Federal Credit Union 401(k) Plan and Trust reported participants rose from 107 in the plan year 2022 filing to 119 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 010267010 · Maine Savings Federal Credit Union PY 2023 · 401(k)

Maine Savings Federal Credit Union 401(k) Plan and Trust · $14M · 119 · 65th

  • NET $14M
  • BOOK 119
  • VS-ST 65th
  • BOY 401(k)
  • SCH near Denholtz Associates Retirement Savings Plan
  • EBSA ind #4489

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 Savings Federal Credit Union 401(k) Plan and Trust in the asset neighbourhood

Maine Savings Federal Credit Union 401(k) Plan and TrustMaine Savings Federal Credit…$14MDenholtz Associates Retirement Savings PlanDenholtz Associates Retireme…$14MWagner-Meinert, LLC 401(k) PlanWagner-Meinert, LLC 401(k) P…$14MLong Island Fqhc Inc. 401(k) Profit Sharing Plan and TrustLong Island Fqhc Inc. 401(k)…$14MTrigo Quality Solutions US Inc. 401(k) PlanTrigo Quality Solutions US I…$14M
End-of-year total assets ($M) among Maine Savings Federal Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN010267010
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maine Savings Federal Credit Union)

Sponsor-wide plan assets over time

All Maine Savings Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$16M 38.68611958276563% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.8M $16.3M ▲ +38.6%
Year Plans Participants Total Assets
2022 1 107 $12M
2023 1 119 $14M
2024 1 140 $16M

Nearby 401(k) Plans in Maine

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

Maine Savings Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Maine Savings Federal Credit Union 401(k) Plan and Trust, Total assets ($B): 0.013826008 · Participants: 119Maine Savings Federal Credit Union 401(k) Plan and TrustTd 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 Savings Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Maine, assets vs. participants

Maine Savings Federal Credit Union 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Denholtz Associates Retirement Savings Plan in NJ ($14M); by covered participants it is Shared Service Systems Defined Contribution Retirement Plan in NE (119 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (119 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 Savings Federal Credit Union 401(k) Plan and Trust assets move in 2023?
Maine Savings Federal Credit Union 401(k) Plan and Trust grew sharply - up 17.7% during 2023, from $12M to $14M. Reported net income was $2M.
How have Maine Savings Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Maine Savings Federal Credit Union's sponsor-wide assets grew 38.7%, from $12M to $16M.
Which 401(k) plans are similar in size to Maine Savings Federal Credit Union 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Denholtz Associates Retirement Savings Plan in NJ ($14M, 83 participants).
Which 401(k) plans cover a similar participant headcount to Maine Savings Federal Credit Union 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Shared Service Systems Defined Contribution Retirement Plan in NE (119 participants, N/A in assets).