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State by plan year

Maine retirement plan filings, 2014

Plan years beginning in 2014, as filed with the Department of Labor.

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

612pension plans on the full Form 5500338 with 100+ participants
$15.5Bnet assets at plan year end0.2% of the US total
25first returns (new plans)4.1% of filings
16final returns (terminated or merged)2.6% of filings

For plan years beginning in 2014, 612 pension plans based in Maine filed the full Form 5500, 338 of them with 100 or more participants (304 defined contribution, 34 defined benefit).

Those filings reported 353,374 participant records and $15.5B in net assets, 0.2% of the national total. Employers contributed $617M, participants $524M, and $1.28B was paid in benefits.

25 filings were marked as a plan's first return and 16 as its final return. A further 2,251 small plans filed the short Form 5500-SF, with 58,655 participants and $3.24B in net assets.

Against 2013: large plans down 1%, participant records down 2%, net assets up 8%.

Maine and the United States, 2014

MeasureMaineUnited StatesMaine share
Pension plans on Form 5500612165,7990.4%
Plans with 100+ participants33875,7390.4%
Participant records353,374121,547,3530.3%
Net assets$15.5B$7.27T0.2%
Employer contributions$617M$209.9B0.3%
Participant contributions$524M$186.8B0.3%
Benefits paid$1.28B$571.7B0.2%
First returns256,5990.4%
Final returns166,3790.3%
Small plans on Form 5500-SF2,251532,9920.4%

Median plan, 2014

Plans with 100+ participantsME: DCUS: DCME: DBUS: DB
Net assets per participant$33,732$29,576$60,216$52,574
Employer contributions per active participant$963$1,080$6,316$7,002
Schedule C compensation per participant$33.72$43.39$194$226
Administrative expenses per participant$22.80$29.52$331$325

Change from 2013

Measure20132014Change
Plans with 100+ participants342338down 1%
Participant records360,889353,374down 2%
Net assets$14.3B$15.5Bup 8%
Employer contributions$465M$617Mup 33%
Median DC assets per participant$31,268$33,732up 8%

All Maine plans, providers and the largest plans

Questions and answers

How many retirement plans filed in Maine for 2014?

612 pension plans on the full Form 5500 (338 with 100 or more participants) and 2,251 small plans on Form 5500-SF.

How many new and terminated plans were there?

25 full-form filings were marked as a first return and 16 as a final return. A final return is filed when a plan terminates or merges into another plan.

What was the median plan like?

The median defined contribution plan with 100 or more participants held $33,732 per participant, and the median employer contribution was $963 per active participant.

Why is the state the sponsor's state?

Form 5500 records the plan sponsor's address, not where participants live. A national employer's plan is counted once, in the state of its headquarters filing address.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 and Form 5500-SF research files for 2014, public domain, with filings received through 24 Aug 2026. First and final returns are the filer's own check-boxes on the form. See the methodology.