401(k) · DOL Form 5500 · 2024

Maine Life Care Retirement Community, Inc. Dba Piper Shores 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
227
Participants Below avg headcount
54th
Percentile by assets National rank
$40,797
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Piper Shores 401(k) Plan · Sponsored by Maine Life Care Retirement Community, Inc. Dba Piper Shores · Maine · Healthcare & Social Assistance

$9M in assets, 227 participants

Maine Life Care Retirement Community, Inc. Dba Piper Shores's Piper Shores 401(k) Plan reported $9M in total assets and 227 participants in its 2024 DOL Form 5500 filing, ranking in the 54th 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.

  • #10,053 in Healthcare & Social Assistance (16,916 peers)

Coverage in Maine

Piper Shores 401(k) Plan covers 227 participants in Maine, about 48% of the average Maine filer (state average ~472 per filing). Assets: $9M.

#10,053
in Healthcare & Social Assistance (16,916 peers)
+25.3%
assets growth YoY

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

Piper Shores 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,261,027 Top 46% higher than 54% of 123,620 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 2024

Piper Shores 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Piper Shores 401(k) Plan sits mid-pack in the medium band (227 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Piper Shores 401(k) Plan reported net income rose from -$68K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Piper Shores 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Piper Shores 401(k) Plan reported participants rose from 198 in the plan year 2023 filing to 227 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 010496258 · Maine Life Care Retirement Community, Inc. Dba Piper Shores PY 2024 · 401(k)

Piper Shores 401(k) Plan · $9M · 227 · 54th

  • 5500 $9M
  • 5500 227
  • 5500 54th
  • 5500 401(k)
  • 5500 near Northfield Precision Instrument Corp. 401(k) Profit Sharing Plan
  • 5500 ind #10053

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 →

Piper Shores 401(k) Plan in the asset neighbourhood

Piper Shores 401(k) Plan$9MNorthfield Precision Instrument Corp. 401(k) Profit Sharing PlanNorthfield Precision Instrum…$9MGeissler's Supermarket, Inc. 401(k) PlanGeissler's Supermarket, Inc.…$9MAlliance Automation 401(k) Retirement PlanAlliance Automation 401(k) R…$9MM. Simon Zook 401(k) Profit Sharing PlanM. Simon Zook 401(k) Profit …$9M
End-of-year total assets ($M) among Piper Shores 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maine filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN010496258
Plan Effective Date2003-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maine Life Care Retirement Community, Inc. Dba Piper Shores)

Sponsor-wide plan assets over time

All Maine Life Care Retirement Community, Inc. Dba Piper Shores plans reported in each filing year

Latest sponsor-wide plan assets
$9M 24.120690366890095% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.46M $9.26M ▲ +24.1%
Year Plans Participants Total Assets
2022 1 198 $7M
2023 1 198 $7M
2024 1 227 $9M

Nearby 401(k) Plans in Maine

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

Piper Shores 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Piper Shores 401(k) Plan, Total assets ($B): 0.009261027 · Participants: 227Piper Shores 401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. 401(k) PlanAhold Delhaize USA Services 401(k) Plan, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA Services 401(k) Plan
Piper Shores 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Piper Shores 401(k) Plan side-by-side with 3 peers →

Piper Shores 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Northfield Precision Instrument Corp. 401(k) Profit Sharing Plan in NY ($9M); by covered participants it is Its-Sprinturf Holdings, LLC Retirement Plan in SC (227 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (227 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Piper Shores 401(k) Plan assets move in 2024? ▼
Piper Shores 401(k) Plan grew sharply - up 25.3% during 2024, from $7M to $9M. Reported net income was $2M.
How have Maine Life Care Retirement Community, Inc. Dba Piper Shores plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Maine Life Care Retirement Community, Inc. Dba Piper Shores's sponsor-wide assets grew 24.1%, from $7M to $9M.
Which 401(k) plans are similar in size to Piper Shores 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Northfield Precision Instrument Corp. 401(k) Profit Sharing Plan in NY ($9M, 28 participants).
Which 401(k) plans cover a similar participant headcount to Piper Shores 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Its-Sprinturf Holdings, LLC Retirement Plan in SC (227 participants, N/A in assets).

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 010496258.

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.