401(k) · DOL Form 5500 · 2024

Drummond, Woodsum & Macmahon, P.a. 401(k) Plan

Data updated 2026-08-11

$90M
Total assets
162
Participants
90th
Percentile by assets
$555,414
Avg per participant
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Official DOL plan name: Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan · Sponsored by Drummond, Woodsum & Macmahon, P.a. · Maine · Professional & Technical Services

$90M in assets, 162 participants

Drummond, Woodsum & Macmahon, P.a.'s Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan reported $90M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 123,622 plans)
  • #18,305 in Professional & Technical Services (20,173 peers)

Coverage in Maine

Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan covers 162 participants in Maine, about 34% of the average Maine filer (state average ~472 per filing). Assets: $90M.

$90M
total plan assets (2024 EOY)
162
covered participants
90th
percentile by assets (of 123,622 plans)
$555,414
avg assets per participant

Where Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan sits by total assets

Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan vs every filed plan by assets

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

$89,977,002 Top 10% higher than 90% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan reported net income rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan end-of-year assets rose from $79M in the plan year 2023 filing to $90M in the plan year 2024 filing.
  • Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan reported participants rose from 149 in the plan year 2023 filing to 162 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Maine filers

In Maine, the average filing covers about 472 participants across 561 plans. Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan reports 162 participants - about 34% of that state average ($90M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$90M
Net Income$11M
Employer EIN010351512
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Drummond, Woodsum & Macmahon, P.a.)

$60M$70M$80M$90M$100M 202220232024 $68.8M $90M ▲ +30.7%
Total plan assets by year, all Drummond, Woodsum & Macmahon, P.a. plans on file
Year Plans Participants Total Assets
2022 1 151 $69M
2023 1 149 $79M
2024 1 162 $90M

Nearby 401(k) Plans in Maine

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

Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Drummond, Woodsum & …Td 401(k) Retirement…Unum Group 401(k) Re…Idexx Retirement and…Hannaford Bros. Co. …Ahold Delhaize USA S…
Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan assets move in 2024?
Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan grew at a solid clip - up 14.3% during 2024, from $79M to $90M. Reported net income was $11M.
How have Drummond, Woodsum & Macmahon, P.a. plan assets changed over time?
Across 3 plan years on file (2022-2024), Drummond, Woodsum & Macmahon, P.a.'s sponsor-wide assets grew 30.7%, from $69M to $90M.
Where does Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan rank by assets among Form 5500 filers?
Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Engineering Systems Inc. Profit Sharing and Savings Plan in IL ($90M, 432 participants).

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Filing takeaways

Ways to act on Drummond, Woodsum & Macmahon, P.a. Profit Sharing Plan's numbers.