Other · DOL Form 5500 · 2024

SWEETSER Retirement Plan

Data updated 2026-08-11

$35M
Total assets
529
Participants
79th
Percentile by assets
$65,388
Avg per participant
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Official DOL plan name: Sweetser 403(b) Employees Savings Plan · Sponsored by SWEETSER · Maine · Healthcare & Social Assistance

$35M in assets, 529 participants

SWEETSER's Sweetser 403(b) Employees Savings Plan reported $35M in total assets and 529 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 123,622 plans)
  • #13,956 in Healthcare & Social Assistance (16,916 peers)

Where Sweetser 403(b) Employees Savings Plan sits by assets

Sweetser 403(b) Employees Savings Plan sits in the top quartile of all filed plans by assets, $35M for 529 participants (~$65,388/participant), up 6.0% in 2024.

$35M
total plan assets (2024 EOY)
529
covered participants
79th
percentile by assets (of 123,622 plans)
$65,388
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sweetser 403(b) Employees Savings Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sweetser 403(b) Employees Savings Plan end-of-year assets rose from $33M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Sweetser 403(b) Employees Savings Plan reported participants fell from 560 in the plan year 2023 filing to 529 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Sweetser 403(b) Employees Savings Plan vs the 2024 asset distribution

By assets, Sweetser 403(b) Employees Savings Plan outranks 79% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$35M
Net Income$2M
Employer EIN010211807
Plan Effective Date1996-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SWEETSER)

$28M$30M$32M$34M$36M 202220232024 $29.2M $34.6M ▲ +18.4%
Total plan assets by year, all SWEETSER plans on file
Year Plans Participants Total Assets
2022 1 688 $29M
2023 1 560 $33M
2024 1 529 $35M

Nearby Other Plans in Maine

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

Sweetser 403(b) Employees Savings Plan vs. nearby Other plans in Maine, assets vs. participants

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

Similar-Sized Other Plans Nationally

Other plans in other states closest to Sweetser 403(b) Employees Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Sweetser 403(b) Employees Savings Plan assets move in 2024?
Sweetser 403(b) Employees Savings Plan grew at a solid clip - up 6.0% during 2024, from $33M to $35M. Reported net income was $2M.
How have SWEETSER plan assets changed over time?
Across 3 plan years on file (2022-2024), SWEETSER's sponsor-wide assets grew 18.4%, from $29M to $35M.
Where does Sweetser 403(b) Employees Savings Plan rank by assets among Form 5500 filers?
Sweetser 403(b) Employees Savings Plan ranks in the 79th 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 Sweetser 403(b) Employees Savings Plan?
Among Other plans in other states, the closest by assets is Aga Institute Retirement Plan in MD ($35M, 96 participants).

Next read for Sweetser 403(b) Employees Savings Plan

Scale reading

Ways to act on Sweetser 403(b) Employees Savings Plan's numbers.