Machias, ME Form 5500 retirement and benefit plan filings

City Form 5500 summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Machias, ME has 5 loaded benefit plan(s) reported by 3 plan sponsor(s), with $60,042,375 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
5
Plan sponsors
3
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$60,042,375
Total reported liabilities (EOY)
$0
Total reported net assets (EOY)
$60,042,375

Contributions & income

Employer contributions
$1,977,047
Participant contributions
$3,397,104
Total income / additions
$14,022,769

Expenses & distributions

Benefits paid / distributions
$6,180,332
Total expenses
$6,296,854
Net increase / (decrease)
$7,725,915

Coverage

Total reported participants
1,471
Plans with financial statements
3
Plans with provider compensation
2

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Machias, ME plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Largest loaded plans in Machias, ME
PlanSponsorReported assets (EOY)Year
Machias Savings Bank 401(K) PlanMachias Savings Bank$34,291,2932023
Down East Community Hospital 401(K) Retirement PlanDown East Community Hospital$22,832,2492023
M & M Consulting, LLC 401(K) PlanM & M Consulting, LLC$2,918,8332023
Machias Savings Bank Health & Welfare Benefit PlanMachias Savings Banknot reported in the loaded dataset2023
Down East Community Hospital Employee Benefit PlanDown East Community Hospitalnot reported in the loaded dataset2023

Related Form 5500 pages