Maine Education Association Benefits Trust — Form 5500 plan (Maine Education Association)
Plain-English plan 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, Maine Education Association Benefits Trust is a benefit plan reported by Maine Education Association under EIN 01-0479776 and plan number 501. The latest loaded filing year is 2023. The filing reports 39,327 participants and $170,036,354 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Maine Education Association
- EIN
- 01-0479776
- Plan number
- 501
- Plan type
- 3
- Location
- Augusta, ME
- Latest filing year
- 2023
- Participants
- 39,327
- End-of-year plan assets
- $170,036,354
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 39,327 | H, C | 20250528140315NAL0004432851001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $170,036,354
- Total liabilities (EOY)
- $9,590,331
- Net assets (EOY)
- $160,446,023
- Net assets (BOY)
- $151,879,781
Income & contributions
- Employer contributions
- $481,385,404
- Participant contributions
- $5,131,127
- Total contributions
- $555,571,434
- Total income / additions
- $595,752,964
Expenses & distributions
- Benefits paid
- $584,714,091
- Administrative expenses
- $2,472,631
- Total expenses
- $587,186,722
- Net increase / (decrease)
- $8,566,242
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Maine Education Association | ADMINISTRATIVE SERVICES | $797,500 | not reported in the loaded dataset | 2023 |
| Jennifer Kent | EMPLOYEE | $165,000 | not reported in the loaded dataset | 2023 |
| Eaton Peabody Attorneys At Law | ATTORNEY | $143,976 | not reported in the loaded dataset | 2023 |
| Michael Booth | EMPLOYEE | $101,578 | not reported in the loaded dataset | 2023 |
| Cheiron, Inc | ACTUARY | $94,153 | not reported in the loaded dataset | 2023 |
| Sharon Beaulieu | EMPLOYEE | $78,549 | not reported in the loaded dataset | 2023 |
| Lynn Andreasen | EMPLOYEE | $70,366 | not reported in the loaded dataset | 2023 |
| Berry Dunn Mcneil & Parker LLC | ACTUARY | $61,967 | not reported in the loaded dataset | 2023 |
| Hm Payson | CONSULTANT | $60,458 | not reported in the loaded dataset | 2023 |
| Rebecca Mangin | EMPLOYEE | $28,799 | not reported in the loaded dataset | 2023 |
| Wipfli Llp | ACCOUNTANT | $26,175 | not reported in the loaded dataset | 2023 |
| Lynn Aceto | EMPLOYEE | $18,750 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Maine Education Association
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Augusta, ME
- Maine Education Association — Schedule C compensation
- Jennifer Kent — Schedule C compensation
- Eaton Peabody Attorneys At Law — Schedule C compensation
- Michael Booth — Schedule C compensation
- Cheiron, Inc — Schedule C compensation
- Sharon Beaulieu — Schedule C compensation
- Lynn Andreasen — Schedule C compensation
- Berry Dunn Mcneil & Parker LLC — Schedule C compensation
- Hm Payson — Schedule C compensation
- Rebecca Mangin — Schedule C compensation
- Wipfli Llp — Schedule C compensation
- Lynn Aceto — Schedule C compensation