401(k) ยท DOL Form 5500 ยท 2024

Martin's Point 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$166M
Total assets
1,000
Participants
89th
Percentile by assets

Sponsored by Martin's Point Health Care ยท Maine ยท Healthcare & Social Assistance

What the 2024 filing shows

Martin's Point 401(k) Plan holds $166M for 1,000 participants - about $166,457 per participant, in the top quartile of all filed plans by assets, up 15.8% over the 2024 plan year.

$166M
total plan assets (2024 EOY)
1,000
covered participants
89th
percentile by assets (of 67,083 plans)
$166,457
avg assets per participant
Total Assets (2023)
$166M
Participants
1,000
State
Industry
Healthcare & Social Assistance

What the Filing Says About Martin's Point 401(k) Plan

Martin's Point 401(k) Plan is a 401(k) retirement plan sponsored by Martin's Point Health Care, headquartered in Maine. As of the 2024 Form 5500 filing, the plan reports $166M in total end-of-year assets and covers 1,000 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 010353275, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $144M at the beginning of 2024 to $166M at year-end - a gain of 15.8%. Net assets (after liabilities) closed the year at $166M, with reported net income of $23M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$144M
Total Assets (End of Year)$166M
Net Assets (End of Year)$166M
Net Income$23M
Plan Type401(k)
Employer EIN010353275
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martin's Point Health Care)

Year Plans Participants Total Assets
2022 1 1,011 $121M
2023 1 1,023 $144M
2024 1 1,000 $166M

Nearby 401(k) Plans in Maine

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

Frequently Asked Questions

How much money is in the Martin's Point 401(k) Plan?
As of the 2024 Form 5500 filing, Martin's Point 401(k) Plan holds $166M in total assets with 1,000 participants. It is sponsored by Martin's Point Health Care.
What type of plan is Martin's Point 401(k) Plan?
Martin's Point 401(k) Plan is a 401(k) plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 010353275.
Who sponsors the Martin's Point 401(k) Plan?
Martin's Point 401(k) Plan is sponsored by Martin's Point Health Care, located in Maine. The sponsor's EIN is 010353275 and the plan operates in the Healthcare & Social Assistance industry.
How did Martin's Point 401(k) Plan perform in 2024?
Martin's Point 401(k) Plan grew by 15.8% during 2024, moving from $144M to $166M in total assets. Net income was $23M.
Where can I find official filings for Martin's Point 401(k) Plan?
Official Form 5500 filings for Martin's Point 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 010353275 or plan name at efast.dol.gov.
How does Martin's Point 401(k) Plan compare to other plans?
You can compare Martin's Point 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Maine on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010353275.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.