401(k) · DOL Form 5500 · 2023

First Atlantic Corporation 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
1,001
Participants Near avg headcount
58th
Percentile by assets National rank
$9,898
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Atlantic Corporation 401(k) Plan · Sponsored by First Atlantic Corporation · Maine · Healthcare & Social Assistance

$10M in assets, 1,001 participants

First Atlantic Corporation's First Atlantic Corporation 401(k) Plan reported $10M in total assets and 1,001 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #11,324 in Healthcare & Social Assistance (17,684 peers)

Coverage in Maine

First Atlantic Corporation 401(k) Plan covers 1,001 participants in Maine, 2.1x the typical Maine plan (state average ~472 per filing). Assets: $10M.

#11,324
in Healthcare & Social Assistance (17,684 peers)
+18.5%
assets growth YoY

First Atlantic Corporation 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

First Atlantic Corporation 401(k) Plan vs every filed plan by assets

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

$9,907,533 Top 42% higher than 58% 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

First Atlantic Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Atlantic Corporation 401(k) Plan lands in the large band (1,001 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Atlantic Corporation 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First Atlantic Corporation 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • First Atlantic Corporation 401(k) Plan reported participants rose from 915 in the plan year 2022 filing to 1,001 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 010407925 · First Atlantic Corporation PY 2023 · 401(k)

First Atlantic Corporation 401(k) Plan · $10M · 1,001 · 58th

  • EIN $10M
  • RANK 1,001
  • PHOTO 58th
  • IND 401(k)
  • EOY near Rtc Aerospace 401(k) Plan
  • 5500 ind #11324

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 →

First Atlantic Corporation 401(k) Plan in the asset neighbourhood

First Atlantic Corporation 401(k) PlanFirst Atlantic Corporation 4…$10MRtc Aerospace 401(k) Plan$10MCornhusker International Trucks, Inc. 401(k) PlanCornhusker International Tru…$10MPediatric Associates, Inc. Retirement PlanPediatric Associates, Inc. R…$10MCottonwood Capital Management, Inc. 401(k) Safe Harbor Retirement PlanCottonwood Capital Managemen…$10M
End-of-year total assets ($M) among First Atlantic Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN010407925
Plan Effective Date1995-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Atlantic Corporation)

Sponsor-wide plan assets over time

All First Atlantic Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$12M 41.72107272177012% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $8.36M $11.9M ▲ +41.7%
Year Plans Participants Total Assets
2022 1 915 $8M
2023 1 1,001 $10M
2024 1 1,128 $12M

Nearby 401(k) Plans in Maine

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

First Atlantic Corporation 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants First Atlantic Corporation 401(k) Plan, Total assets ($B): 0.009907533 · Participants: 1001First Atlantic Corporation 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
First Atlantic Corporation 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare First Atlantic Corporation 401(k) Plan side-by-side with 3 peers →

First Atlantic Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Rtc Aerospace 401(k) Plan in CA ($10M); by covered participants it is Radiance Technologies, Inc. 401(k) Profit Sharing Plan in AL (1,001 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,001 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 First Atlantic Corporation 401(k) Plan assets move in 2023? ▼
First Atlantic Corporation 401(k) Plan grew sharply - up 18.5% during 2023, from $8M to $10M. Reported net income was $2M.
How have First Atlantic Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Atlantic Corporation's sponsor-wide assets grew 41.7%, from $8M to $12M.
Which 401(k) plans are similar in size to First Atlantic Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rtc Aerospace 401(k) Plan in CA ($10M, 204 participants).
Which 401(k) plans cover a similar participant headcount to First Atlantic Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Radiance Technologies, Inc. 401(k) Profit Sharing Plan in AL (1,001 participants, $147M 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 010407925.

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.