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
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 Type | Defined Benefit (Pension) |
| Employer EIN | 010238552 |
| Plan Effective Date | 1962-06-01 |
| Filing Status | FILING 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.
- Unum Group Pension Plan $1.3B · 3,140
- Maine Medical Center Pension Plan $764M · 2,679
- Legacy Chrysler Financial Employee Pension Plan $546M · 248
- Td Banknorth Inc. Pension Plan $437M · 1,632
- Northern Light Health Retirement Partnership Plan $279M · 5,979
Related Data
Guides
Frequently Asked Questions
How much money is in the Maine Medical Center Pension Plan? ▼
What type of plan is Maine Medical Center Pension Plan? ▼
Who sponsors the Maine Medical Center Pension Plan? ▼
How did Maine Medical Center Pension Plan perform in 2024? ▼
Where can I find official filings for Maine Medical Center Pension Plan? ▼
How does Maine Medical Center Pension Plan compare to other plans? ▼
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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.
Read our methodology - how this data is sourced, computed, and verified.