2023 Form 5500 filing — Maine Municipal Employees Health Trust
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240614135449NAL0015358883001) for Maine Municipal Employees Health Trust, reported by Employees Of Municipal And Other Public Employers Of Maine Health Tr under EIN 01-0382676 and plan number 501. It reports 9,582 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 3 · 2023
Filing snapshot
Net assets (EOY)$90.8MReported net assets$90,834,993
Participants9.6K9,582
Provider compensation$8.5M11 Schedule C row(s)$8,461,198
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240614135449NAL0015358883001
- Plan sponsor
- Employees Of Municipal And Other Public Employers Of Maine Health Tr
- EIN
- 01-0382676
- Plan number
- 501
- Location
- Augusta, ME
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$114M total assets
Net assets$90.8MLiabilities$23.2M
Full reported line items
- Total assets (EOY)
- $114,007,131
- Total liabilities (EOY)
- $23,172,138
- Net assets (EOY)
- $90,834,993
- Employer contributions
- $159,466,310
- Participant contributions
- $35,750,806
- Total income / additions
- $200,142,545
- Benefits paid
- $196,046,217
- Administrative expenses
- $8,715,438
- Total expenses
- $204,761,655
- Net increase / (decrease)
- -$4,619,110
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Maine Municipal Association | PLAN ADMINISTRAT | $3,688,667 | not reported in the loaded dataset |
| Anthem Blue Cross Blue Shield Of Me | BENEFITS ADMINISTRATOR | $2,661,397 | not reported in the loaded dataset |
| Businessolver Inc | BENEFITS ADMINISTRATOR | $616,118 | not reported in the loaded dataset |
| Unum Life Insurance Co Of America | BENEFITS ADMINISTRATOR | $534,528 | not reported in the loaded dataset |
| Cheiron, Inc | ACTUARY | $401,453 | not reported in the loaded dataset |
| Northeast Delta Dental | BENEFITS ADMINISTRATOR | $334,753 | not reported in the loaded dataset |
| Verrill & Dana Llp | LEGAL SERVICES | $80,512 | not reported in the loaded dataset |
| Eaton Peabody | LEGAL SERVICES | $58,025 | not reported in the loaded dataset |
| Business Insurance Agency, Inc | CONSULTANT - BENEFITS | $42,745 | not reported in the loaded dataset |
| Mercer Health Benefits | BROKER | $33,000 | not reported in the loaded dataset |
| Baker Newman Noyes, LLC | CONSULTANT | $10,000 | not reported in the loaded dataset |