Money Purchase · DOL Form 5500 · 2024

Bowdoin College Money Purchase Plan

Data updated 2026-08-11

$277M
Total assets
892
Participants
95th
Percentile by assets
$310,398
Avg per participant
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Official DOL plan name: Bowdoin College Retirement Plan · Sponsored by Bowdoin College · Maine · Educational Services

$277M in assets, 892 participants

Bowdoin College's Bowdoin College Retirement Plan reported $277M in total assets and 892 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #3,374 in Educational Services (3,638 peers)

Where Bowdoin College Retirement Plan sits by assets

Bowdoin College Retirement Plan sits in the top 5% of all filed plans by assets, $277M for 892 participants (~$310,398/participant), up 8.5% in 2024.

$277M
total plan assets (2024 EOY)
892
covered participants
95th
percentile by assets (of 123,622 plans)
$310,398
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bowdoin College Retirement Plan reported net income fell from $32M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Bowdoin College Retirement Plan end-of-year assets rose from $255M in the plan year 2023 filing to $277M in the plan year 2024 filing.
  • Bowdoin College Retirement Plan reported participants rose from 860 in the plan year 2023 filing to 892 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Bowdoin College Retirement Plan vs the 2024 asset distribution

By assets, Bowdoin College Retirement Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$255M
Net Assets (End of Year)$277M
Net Income$22M
Employer EIN010215213
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bowdoin College)

$200M$220M$240M$260M$280M$300M 202220232024 $223M $277M ▲ +24.3%
Total plan assets by year, all Bowdoin College plans on file
Year Plans Participants Total Assets
2022 1 841 $223M
2023 1 860 $255M
2024 1 892 $277M

Nearby Money Purchase Plans in Maine

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

Bowdoin College Retirement Plan vs. nearby Money Purchase plans in Maine, assets vs. participants

Bowdoin College Retirement Plan vs. nearby Money Purchase plans in Maine, assets vs. participants Scatter plot of 5 data points. -20000200040006000 -1000100200300 Total assets ($M) Participants Bowdoin College Reti…Bates College Money …Mainegeneral Health …Verrill Dana LLP Pen…Northeast Radiation …
Bowdoin College Retirement Plan vs. nearby Money Purchase plans in Maine, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Bowdoin College Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Bowdoin College Retirement Plan assets move in 2024?
Bowdoin College Retirement Plan grew at a solid clip - up 8.5% during 2024, from $255M to $277M. Reported net income was $22M.
How have Bowdoin College plan assets changed over time?
Across 3 plan years on file (2022-2024), Bowdoin College's sponsor-wide assets grew 24.3%, from $223M to $277M.
Where does Bowdoin College Retirement Plan rank by assets among Form 5500 filers?
Bowdoin College Retirement Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to Bowdoin College Retirement Plan?
Among Money Purchase plans in other states, the closest by assets is Local Union 400 IBEW Joint Annuity Plan in NJ ($276M, 705 participants).

Next read for Bowdoin College Retirement Plan

Scale reading

Ways to act on Bowdoin College Retirement Plan's numbers.