401(k) · DOL Form 5500 · 2023

Mainsail Group LLC 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
177
Participants Small participant base
35th
Percentile by assets National rank
$16,422
Avg per participant Low balance/head
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Official DOL plan name: Mainsail Group LLC 401(k) Profit Sharing Plan & Trust · Sponsored by Mainsail Group LLC · Massachusetts · Professional & Technical Services

$3M in assets, 177 participants

Mainsail Group LLC's Mainsail Group LLC 401(k) Profit Sharing Plan & Trust reported $3M in total assets and 177 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #6,493 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Mainsail Group LLC 401(k) Profit Sharing Plan & Trust covers 177 participants in Massachusetts, about 27% of the average Massachusetts filer (state average ~659 per filing). Assets: $3M.

#6,493
in Professional & Technical Services (20,321 peers)
-34.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mainsail Group LLC 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Professional & Technical Services and all filers

Mainsail Group LLC 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$2,906,697 35th percentile higher than 35% 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

Mainsail Group LLC 401(k) Profit Sharing Plan & 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. Mainsail Group LLC 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (177 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mainsail Group LLC 401(k) Profit Sharing Plan & Trust reported net income fell from $918K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Mainsail Group LLC 401(k) Profit Sharing Plan & Trust end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mainsail Group LLC 401(k) Profit Sharing Plan & Trust reported participants rose from 173 in the plan year 2022 filing to 177 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 862109445 · Mainsail Group LLC PY 2023 · 401(k)

Mainsail Group LLC 401(k) Profit Sharing Plan & Trust · $3M · 177 · 35th

  • IND $3M
  • IND 177
  • IND 35th
  • IND 401(k)
  • IND near Flogging Molly Inc 401(k) Profit Sharing Plan and Trust
  • IND ind #6493

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Mainsail Group LLC 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Mainsail Group LLC 401(k) Profit Sharing Plan & TrustMainsail Group LLC 401(k) Pr…$3MFlogging Molly Inc 401(k) Profit Sharing Plan and TrustFlogging Molly Inc 401(k) Pr…$3MJc & a Electrical Contractors, Inc. 401(k) PlanJc & a Electrical Contractor…$3MUnified Defense Holdings, LLC 401(k) PlanUnified Defense Holdings, LL…$3MMeridian Land Services 401(k) & Profit SharingMeridian Land Services 401(k…$3M
End-of-year total assets ($M) among Mainsail Group LLC 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$2M
Employer EIN862109445
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mainsail Group LLC)

Sponsor-wide plan assets over time

All Mainsail Group LLC plans reported in each filing year

Latest sponsor-wide plan assets
$3M 34.105597096807536% vs 2022
2023 filing year
$2.5M$3M$3.5M$4M$4.5M$5M 20222023 $4.41M $2.91M ▼ -34.0%
Year Plans Participants Total Assets
2022 1 173 $4M
2023 1 177 $3M

Nearby 401(k) Plans in Massachusetts

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

Mainsail Group LLC 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Mainsail Group LLC 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.002906697 · Participants: 177Mainsail Group LLC 401(k) Profit Sharing Plan & TrustFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Mainsail Group LLC 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Mainsail Group LLC 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Mainsail Group LLC 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Flogging Molly Inc 401(k) Profit Sharing Plan and Trust in CA ($3M); by covered participants it is Purolite 401(k) Plan in PA (177 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (177 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 Mainsail Group LLC 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Mainsail Group LLC 401(k) Profit Sharing Plan & Trust contracted severely - down 34.1% during 2023, from $4M to $3M. Reported net income was -$2M.
How have Mainsail Group LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Mainsail Group LLC's sponsor-wide assets declined 34.1%, from $4M to $3M.
Which 401(k) plans are similar in size to Mainsail Group LLC 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Flogging Molly Inc 401(k) Profit Sharing Plan and Trust in CA ($3M, 10 participants).
Which 401(k) plans cover a similar participant headcount to Mainsail Group LLC 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Purolite 401(k) Plan in PA (177 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 862109445.

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.