401(k) · DOL Form 5500 · 2024

Baker Newman & Noyes, LLC 401(k) Plan

Data updated 2026-08-11

$111M
Total assets
314
Participants
91st
Percentile by assets
$352,452
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan · Sponsored by Baker Newman & Noyes, LLC · Maine · Professional & Technical Services

$111M in assets, 314 participants

Baker Newman & Noyes, LLC's Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan reported $111M in total assets and 314 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 123,622 plans)
  • #18,624 in Professional & Technical Services (20,173 peers)

Where Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan sits by assets

Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $111M for 314 participants (~$352,452/participant), up 10.3% in 2024.

$111M
total plan assets (2024 EOY)
314
covered participants
91st
percentile by assets (of 123,622 plans)
$352,452
avg assets per participant

Where Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan sits by total assets

Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$110,669,796 Top 9% higher than 91% 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

  • Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan reported net income fell from $14M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan end-of-year assets rose from $100M in the plan year 2023 filing to $111M in the plan year 2024 filing.
  • Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan reported participants rose from 304 in the plan year 2023 filing to 314 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Maine
Industry
Professional & Technical Services

Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan vs the 2024 asset distribution

By assets, Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$111M
Net Income$10M
Employer EIN010494526
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baker Newman & Noyes, LLC)

$80M$90M$100M$110M$120M 202220232024 $86.6M $111M ▲ +27.8%
Total plan assets by year, all Baker Newman & Noyes, LLC plans on file
Year Plans Participants Total Assets
2022 1 295 $87M
2023 1 304 $100M
2024 1 314 $111M

Nearby 401(k) Plans in Maine

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

Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Baker Newman & Noyes…, Total assets ($B): 0.110669796 · Participants: 314Baker Newman & Noyes…Td 401(k) Retirement…, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement…Unum Group 401(k) Re…, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Re…Idexx Retirement and…, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and…Hannaford Bros. Co. …, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. …Ahold Delhaize USA S…, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA S…
Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Baker Newman & Noyes, LLC 401(k) Profit … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan assets move in 2024? ▼
Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan grew at a solid clip - up 10.3% during 2024, from $100M to $111M. Reported net income was $10M.
How have Baker Newman & Noyes, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Baker Newman & Noyes, LLC's sponsor-wide assets grew 27.8%, from $87M to $111M.
Where does Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan ranks in the 91st 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 Baker Newman & Noyes, LLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ivyrehab Physical Therapy PLLC 401(k) Profit Sharing Plan in NY ($111M, 5,456 participants).

Next read for Baker Newman & Noyes, LLC 401(k) Profit …

Scale reading

Ways to act on Baker Newman & Noyes, LLC 401(k) Profit Sharing 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 010494526.

Read our methodology - how this data is sourced, computed, and verified.

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