Plan5500

Wells, 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, Wells, ME has 1 loaded benefit plan(s) reported by 1 plan sponsor(s), with $2,020,345 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
1
Plan sponsors
1
Latest filing year
2023

What stands out in Wells

  • 1 loaded plans hold $2M in reported assets across 1 sponsors.
  • The largest, Caron Engineering, Inc. Employee Stock Ownership Plan, holds 100% of reported Wells plan assets.
  • Plans cover 41 participants — about 41 per plan.
  • 100% 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$1.4MSummed across loaded plans$1,420,190
Total reported assets$2M$2,020,345
Total reported participants41
Total reported liabilities$600.2K$600,155

Reported net position

Reported assets = net assets + liabilities (summed)$2M total assets
Net assets$1.4MLiabilities$600.2K
Contributions & income
Employer contributions$53.3K
Participant contributions$0
Total income / additions$560K
Expenses & distributions
Benefits paid / distributions$11.8K
Total expenses$31.2K
Net increase / (decrease)$528.8K

Data coverage

Plans with financial statements1 / 1 (100%)
Plans with provider compensation0 / 1 ()

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

Wells market comparison

Largest plan share of assets100%Caron Engineering, Inc. Employee Stock Ownership Plan
Participants per plan41Average across loaded plans
Plan sponsors1
Ranked by reported assets

Largest loaded plans in Wells

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

  1. 1
    Caron Engineering, Inc. Employee Stock Ownership Plan$2M
    Caron Engineering, Inc. · 2023

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

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Wells, ME?
1 plan(s) reported by 1 sponsor(s) are loaded for Wells, ME.

Related Form 5500 pages