ESOP · DOL Form 5500 · 2023

Bean Maine Lobster, Inc. ESOP

Data updated 2026-08-25

$427K
Total assets Small plan by assets
22
Participants Small participant base
17th
Percentile by assets National rank
$19,406
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bean Maine Lobster, Inc. Employee Stock Ownership Plan · Sponsored by Bean Maine Lobster, Inc. · Maine · Wholesale Trade

$427K in assets, 22 participants

Bean Maine Lobster, Inc.'s Bean Maine Lobster, Inc. Employee Stock Ownership Plan reported $427K in total assets and 22 participants in its 2023 DOL Form 5500 filing, ranking in the 17th 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.

  • #512 in Wholesale Trade (6,309 peers)

Bean Maine Lobster, Inc. multi-year trail

Bean Maine Lobster, Inc.'s plans moved -42.5% in assets from 2022 to 2024; this filing shows Bean Maine Lobster, Inc. Employee Stock Ownership Plan at $427K / 22 participants.

#512
in Wholesale Trade (6,309 peers)
-4.8%
assets change YoY

The plan reported a net loss of $21K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bean Maine Lobster, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Bean Maine Lobster, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$426,941 17th percentile higher than 17% 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

Bean Maine Lobster, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bean Maine Lobster, Inc. Employee Stock Ownership Plan is a small filing (22 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bean Maine Lobster, Inc. Employee Stock Ownership Plan reported net income rose from -$60K in the plan year 2022 filing to -$21K in the plan year 2023 filing.
  • Bean Maine Lobster, Inc. Employee Stock Ownership Plan reported participants fell from 30 in the plan year 2022 filing to 22 in the plan year 2023 filing.
  • Bean Maine Lobster, Inc. Employee Stock Ownership Plan end-of-year assets fell from $449K in the plan year 2022 filing to $427K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 811946837 · Bean Maine Lobster, Inc. PY 2023 · ESOP

Bean Maine Lobster, Inc. Employee Stock Ownership Plan · $427K · 22 · 17th

  • PCT $427K
  • PCT 22
  • PCT 17th
  • PCT ESOP
  • PCT near Survival Systems USA, Inc. Employee Stock Ownership Plan
  • PCT ind #512

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 What is an ESOP? → · Plans in Maine →

Bean Maine Lobster, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bean Maine Lobster, Inc. Employee Stock Ownership PlanBean Maine Lobster, Inc. Emp…$427KSurvival Systems USA, Inc. Employee Stock Ownership PlanSurvival Systems USA, Inc. E…$428KThe Therapy Network Employee Stock Ownership PlanThe Therapy Network Employee…$428KCommunity Bankshares, Inc. Employee Stock Ownership and TrustCommunity Bankshares, Inc. E…$426KR & R Dexter Farms, Inc. Employee Stock Ownership Plan and TrustR & R Dexter Farms, Inc. Emp…$428K
End-of-year total assets ($M) among Bean Maine Lobster, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Bean Maine Lobster, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bean Maine Lobster, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$258K 42.47275029707694% vs 2022
2024 filing year
$0.2M$0.3M$0.4M$0.5M 202220232024 $0.45M $0.26M ▼ -42.2%
Year Plans Participants Total Assets
2022 1 30 $449K
2023 1 22 $427K
2024 1 20 $258K

Bean Maine Lobster, Inc. filing trail (2023)

Total Assets (Beginning of Year)$449K
Net Assets (End of Year)$417K
Net Income-$21K
Employer EIN811946837
Plan Effective Date2016-05-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maine

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

Bean Maine Lobster, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. -2000200400600 -50050100150 Total assets ($M) Participants Bean Maine Lobster, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.426941 · Participants: 22Bean Maine Lobster, Inc. Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 95.45285 · Participants: 479Sc Holdings, Inc. Employee Stock Ownership PlanMaine Drilling & Blasting Group Employee Stock Ownership Plan, Total assets ($M): 84.621407 · Participants: 425Maine Drilling & Blasting Group Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 64.27302 · Participants: 249Johnnys Selected Seeds Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 47.084805 · Participants: 175Systems Engineering, Inc. Employee Stock Ownership PlanPortland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 45.49657 · Participants: 85Portland Air Freight, Inc. Employee Stock Ownership Plan
Bean Maine Lobster, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Bean Maine Lobster, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Bean Maine Lobster, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is Survival Systems USA, Inc. Employee Stock Ownership Plan in CT ($428K); by covered participants it is Davy Architecture, Inc. Employee Stock Ownership Plan in CA (22 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (22 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 Bean Maine Lobster, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Bean Maine Lobster, Inc. Employee Stock Ownership Plan edged down modestly - down 4.8% during 2023, from $449K to $427K. Reported net income was -$21K.
How have Bean Maine Lobster, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bean Maine Lobster, Inc.'s sponsor-wide assets declined 42.5%, from $449K to $258K.
Where does Bean Maine Lobster, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Bean Maine Lobster, Inc. Employee Stock Ownership Plan ranks in the 17th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Bean Maine Lobster, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Survival Systems USA, Inc. Employee Stock Ownership Plan in CT ($428K, 27 participants).
Which ESOP plans cover a similar participant headcount to Bean Maine Lobster, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Davy Architecture, Inc. Employee Stock Ownership Plan in CA (22 participants, N/A 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 811946837.

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.