Other · DOL Form 5500 · 2023

SWEETSER Retirement Plan

Data updated 2026-08-11

$33M
Total assets
560
Participants
80th
Percentile by assets
$58,282
Avg per participant
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Official DOL plan name: Sweetser 403(b) Employees Savings Plan · Sponsored by SWEETSER · Maine · Healthcare & Social Assistance

$33M in assets, 560 participants

SWEETSER's Sweetser 403(b) Employees Savings Plan reported $33M in total assets and 560 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 127,072 plans)
  • #14,727 in Healthcare & Social Assistance (17,684 peers)

Where Sweetser 403(b) Employees Savings Plan sits by assets

Sweetser 403(b) Employees Savings Plan sits in the top quartile of all filed plans by assets, $33M for 560 participants (~$58,282/participant), up 11.8% in 2023.

$33M
total plan assets (2023 EOY)
560
covered participants
80th
percentile by assets (of 127,072 plans)
$58,282
avg assets per participant

Where Sweetser 403(b) Employees Savings Plan sits by total assets

Sweetser 403(b) Employees Savings Plan vs every filed plan by assets

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

$32,638,074 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sweetser 403(b) Employees Savings Plan reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sweetser 403(b) Employees Savings Plan reported participants fell from 688 in the plan year 2022 filing to 560 in the plan year 2023 filing.
  • Sweetser 403(b) Employees Savings Plan end-of-year assets rose from $29M in the plan year 2022 filing to $33M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Maine
Industry
Healthcare & Social Assistance

Sweetser 403(b) Employees Savings Plan vs the 2023 asset distribution

By assets, Sweetser 403(b) Employees Savings Plan outranks 80% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$33M
Net Income$3M
Employer EIN010211807
Plan Effective Date1996-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SWEETSER)

$28M$30M$32M$34M$36M 202220232024 $29.2M $34.6M ▲ +18.4%
Total plan assets by year, all SWEETSER plans on file
Year Plans Participants Total Assets
2022 1 688 $29M
2023 1 560 $33M
2024 1 529 $35M

Nearby Other Plans in Maine

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

Sweetser 403(b) Employees 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 ($B) Participants Sweetser 403(b) Empl…, Total assets ($B): 0.032638074 · Participants: 560Sweetser 403(b) Empl…Mainehealth 403(b) R…, Total assets ($B): 2.133663491 · Participants: 22008Mainehealth 403(b) R…Northern Light Healt…, Total assets ($B): 1.066585695 · Participants: 12015Northern Light Healt…Jax 403(b) Retiremen…, Total assets ($B): 0.525518776 · Participants: 2592Jax 403(b) Retiremen…Mainegeneral Health …, Total assets ($B): 0.371658055 · Participants: 4570Mainegeneral Health …Colby College Retire…, Total assets ($B): 0.277945567 · Participants: 916Colby College Retire…
Sweetser 403(b) Employees Savings Plan vs. nearby Other plans in Maine, assets vs. participants
Compare Sweetser 403(b) Employees Savings Plan side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to Sweetser 403(b) Employees Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Sweetser 403(b) Employees Savings Plan assets move in 2023? ▼
Sweetser 403(b) Employees Savings Plan grew at a solid clip - up 11.8% during 2023, from $29M to $33M. Reported net income was $3M.
How have SWEETSER plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), SWEETSER's sponsor-wide assets grew 18.4%, from $29M to $35M.
Where does Sweetser 403(b) Employees Savings Plan rank by assets among Form 5500 filers? ▼
Sweetser 403(b) Employees Savings Plan ranks in the 80th 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 Sweetser 403(b) Employees Savings Plan? ▼
Among Other plans in other states, the closest by assets is Bethany College 403(b) DC Plan in WV ($33M, 199 participants).

Next read for Sweetser 403(b) Employees Savings Plan

Scale reading

Ways to act on Sweetser 403(b) Employees Savings Plan's numbers.

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 010211807.

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.