Plan5500

Searsport, 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, Searsport, ME has 4 loaded benefit plan(s) reported by 3 plan sponsor(s), with $2,042,618 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
4
Plan sponsors
3
Latest filing year
2023

What stands out in Searsport

  • 4 loaded plans hold $2M in reported assets across 3 sponsors.
  • The largest, Gac Chemical Corporation Employee Stock Ownership Plan, holds 75% of reported Searsport plan assets.
  • Plans cover 309 participants — about 77 per plan.
  • 50% of loaded plans report full Schedule H/I financial statements.
  • report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$188.7KSummed across loaded plans$188,683
Total reported assets$2M$2,042,618
Total reported participants309
Total reported liabilities$1.9M$1,853,935

Reported net position

Reported assets = net assets + liabilities (summed)$2M total assets
Net assets$188.7KLiabilities$1.9M
Contributions & income
Employer contributions$98.5K
Participant contributionsNot reported
Total income / additions-$161.7K
Expenses & distributions
Benefits paid / distributions$67.3K
Total expenses$140.3K
Net increase / (decrease)-$302K

Data coverage

Plans with financial statements2 / 4 (50%)
Plans with provider compensation0 / 4 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Searsport, 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.

Computed from loaded plans

Searsport market comparison

Largest plan share of assets75%Gac Chemical Corporation Employee Stock Ownership Plan
Participants per plan77Average across loaded plans
Plan sponsors3
Ranked by reported assets

Largest loaded plans in Searsport

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Gac Chemical Corporation Employee Stock Ownership Plan$1.5M
    Gac Chemical Corporation · 2023
  2. 2
    Five Tales Hospitality Co. Retirement Plan$518.4K
    Five Tales Hospitality Co. · 2023
  3. 3
    Hamilton Marine, Inc. Welfare Benefits Plan Life, Ad&Dnot reported in the loaded dataset
    Hamilton Marine, Inc. · 2023
  4. 4
    Hamilton Marine, Inc. Welfare Benefits Plan Ltdnot reported in the loaded dataset
    Hamilton Marine, Inc. · 2023

Largest plans in Searsport → · Searsport plans by participants → · Searsport plans with financial data → · Searsport plans with provider compensation → · $1B+ plans in Searsport →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Searsport, ME?
4 plan(s) reported by 3 sponsor(s) are loaded for Searsport, ME.

Related Form 5500 pages