Other · DOL Form 5500 · 2024

Mount Desert Island Hospital Retirement Plan

Data updated 2026-08-11

$50M
Total assets
564
Participants
84th
Percentile by assets
$87,924
Avg per participant
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Official DOL plan name: Mount Desert Island Hospital Employee Savings Plan · Sponsored by Mount Desert Island Hospital · Maine · Healthcare & Social Assistance

$50M in assets, 564 participants

Mount Desert Island Hospital's Mount Desert Island Hospital Employee Savings Plan reported $50M in total assets and 564 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 123,622 plans)
  • #14,600 in Healthcare & Social Assistance (16,916 peers)

Where Mount Desert Island Hospital Employee Savings Plan sits by assets

Mount Desert Island Hospital Employee Savings Plan sits in the top quartile of all filed plans by assets, $50M for 564 participants (~$87,924/participant), up 12.6% in 2024.

$50M
total plan assets (2024 EOY)
564
covered participants
84th
percentile by assets (of 123,622 plans)
$87,924
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mount Desert Island Hospital Employee Savings Plan end-of-year assets rose from $44M in the plan year 2023 filing to $50M in the plan year 2024 filing.
  • Mount Desert Island Hospital Employee Savings Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Mount Desert Island Hospital Employee Savings Plan reported participants rose from 551 in the plan year 2023 filing to 564 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Mount Desert Island Hospital Employee Savings Plan vs the 2024 asset distribution

By assets, Mount Desert Island Hospital Employee Savings Plan outranks 84% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$50M
Net Income$6M
Employer EIN010211797
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mount Desert Island Hospital)

$35M$40M$45M$50M$55M 202220232024 $38.4M $49.6M ▲ +29.3%
Total plan assets by year, all Mount Desert Island Hospital plans on file
Year Plans Participants Total Assets
2022 1 329 $38M
2023 1 551 $44M
2024 1 564 $50M

Nearby Other Plans in Maine

Peer Other plans, same state, same plan type, ranked by total assets.

Mount Desert Island Hospital Employee Savings Plan vs. nearby Other plans in Maine, assets vs. participants

Mount Desert Island Hospital Employee Savings Plan vs. nearby Other plans in Maine, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -10123 Total assets ($B) Participants Mount Desert Island …Mainehealth 403(b) R…Northern Light Healt…Jax 403(b) Retiremen…Mainegeneral Health …Colby College Retire…
Mount Desert Island Hospital Employee Savings Plan vs. nearby Other plans in Maine, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Mount Desert Island Hospital Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Mount Desert Island Hospital Employee Savings Plan assets move in 2024?
Mount Desert Island Hospital Employee Savings Plan grew at a solid clip - up 12.6% during 2024, from $44M to $50M. Reported net income was $6M.
How have Mount Desert Island Hospital plan assets changed over time?
Across 3 plan years on file (2022-2024), Mount Desert Island Hospital's sponsor-wide assets grew 29.3%, from $38M to $50M.
Where does Mount Desert Island Hospital Employee Savings Plan rank by assets among Form 5500 filers?
Mount Desert Island Hospital Employee Savings Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Mount Desert Island Hospital Employee Savings Plan?
Among Other plans in other states, the closest by assets is The College of Idaho 403(b) Retirement Plan in ID ($50M, 458 participants).

Next read for Mount Desert Island Hospital Employee Sa…

Scale reading

Ways to act on Mount Desert Island Hospital Employee Savings Plan's numbers.