Profit Sharing · DOL Form 5500 · 2024

Penquis C.a.P. Inc. Profit Sharing Plan

Data updated 2026-07-24

$19M
Total assets
501
Participants
70th
Percentile by assets
$38,459
Avg per participant
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Official DOL plan name: Penquis Cap 403(b) Plan · Sponsored by Penquis C.a.P. Inc. · Maine · Healthcare & Social Assistance

$19M in assets, 501 participants

Penquis C.a.P. Inc.'s Penquis Cap 403(b) Plan reported $19M in total assets and 501 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 116,472 plans)

Penquis C.a.P. Inc. multi-year trail

Penquis C.a.P. Inc.'s plans moved +32.4% in assets from 2022 to 2024; this filing shows Penquis Cap 403(b) Plan at $19M / 501 participants.

$19M
total plan assets (2024 EOY)
501
covered participants
70th
percentile by assets (of 116,472 plans)
$38,459
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Penquis Cap 403(b) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Penquis Cap 403(b) Plan end-of-year assets rose from $17M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Penquis Cap 403(b) Plan reported participants fell from 511 in the plan year 2023 filing to 501 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Penquis C.a.P. Inc. across 3 plan years on file

Across the 3 plan years Penquis C.a.P. Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $15M to $19M, a gain of 32.4%, while reported participants moved from 519 to 501 (-3.5%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($15M).

Penquis C.a.P. Inc. multi-year asset trail

$14M$16M$18M$20M 202220232024 $14.6M $19.3M ▲ +32.4%
Total plan assets by year, all Penquis C.a.P. Inc. plans on file
Year Plans Participants Total Assets
2022 1 519 $15M
2023 1 511 $17M
2024 1 501 $19M

Penquis C.a.P. Inc. filing trail (2024)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$19M
Net Income$2M
Employer EIN016023748
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Maine

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

Penquis Cap 403(b) Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Penquis Cap 403(b) Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. 02004006008001000 102030405060 Total assets ($M) Participants Penquis Cap 403(b) P…I.B.E.W. Local 1253 …Penobscot Community …Maine Dartmouth Fami…Shaw Brothers Constr…Thomas College DC Re…
Penquis Cap 403(b) Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Penquis Cap 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Penquis Cap 403(b) Plan assets move in 2024?
Penquis Cap 403(b) Plan grew at a solid clip - up 11.6% during 2024, from $17M to $19M. Reported net income was $2M.
How have Penquis C.a.P. Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Penquis C.a.P. Inc.'s sponsor-wide assets grew 32.4%, from $15M to $19M.
Which Profit Sharing plans are similar in size to Penquis Cap 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is See's Profit Sharing Plan in CA ($19M, 523 participants).

Multi-year trail

Ways to act on Penquis Cap 403(b) Plan's numbers.

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 016023748.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.