Defined Benefit (Pension) · DOL Form 5500 · 2024

Maine Medical Center Pension Plan

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

$795M
Total assets
2,484
Participants
97th
Percentile by assets

Sponsored by MAINEHEALTH · Maine · Healthcare & Social Assistance

What the 2024 filing shows

Maine Medical Center Pension Plan holds $795M for 2,484 participants - about $320,057 per participant, in the top 5% of all filed plans by assets, up 4.1% over the 2024 plan year.

$795M
total plan assets (2024 EOY)
2,484
covered participants
97th
percentile by assets (of 67,083 plans)
$320,057
avg assets per participant
Total Assets (2023)
$795M
Participants
2,484
State
Industry
Healthcare & Social Assistance

What the Filing Says About Maine Medical Center Pension Plan

Maine Medical Center Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by MAINEHEALTH, headquartered in Maine. As of the 2024 Form 5500 filing, the plan reports $795M in total end-of-year assets and covers 2,484 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 010238552, and the plan has been effective since 1962-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $764M at the beginning of 2024 to $795M at year-end - a gain of 4.1%. Net assets (after liabilities) closed the year at $792M, with reported net income of $48M 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)$764M
Total Assets (End of Year)$795M
Net Assets (End of Year)$792M
Net Income$48M
Plan TypeDefined Benefit (Pension)
Employer EIN010238552
Plan Effective Date1962-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MAINEHEALTH)

Year Plans Participants Total Assets
2022 1 2,933 $697M
2023 1 2,679 $764M
2024 1 2,484 $795M

Nearby Defined Benefit (Pension) Plans in Maine

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Maine Medical Center Pension Plan?
As of the 2024 Form 5500 filing, Maine Medical Center Pension Plan holds $795M in total assets with 2,484 participants. It is sponsored by MAINEHEALTH.
What type of plan is Maine Medical Center Pension Plan?
Maine Medical Center Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1962-06-01. The plan is filed with the U.S. Department of Labor under EIN 010238552.
Who sponsors the Maine Medical Center Pension Plan?
Maine Medical Center Pension Plan is sponsored by MAINEHEALTH, located in Maine. The sponsor's EIN is 010238552 and the plan operates in the Healthcare & Social Assistance industry.
How did Maine Medical Center Pension Plan perform in 2024?
Maine Medical Center Pension Plan grew by 4.1% during 2024, moving from $764M to $795M in total assets. Net income was $48M.
Where can I find official filings for Maine Medical Center Pension Plan?
Official Form 5500 filings for Maine Medical Center Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 010238552 or plan name at efast.dol.gov.
How does Maine Medical Center Pension Plan compare to other plans?
You can compare Maine Medical Center Pension Plan against other Defined Benefit (Pension) 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 010238552.

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.