2023 Form 5500 filing — Maine Service Employees Association Income Protection Plan & 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 20250415134646NAL0003315409001) for Maine Service Employees Association Income Protection Plan & Trust, reported by Maine Service Employees Association Seiu Local 1989 under EIN 01-0204000 and plan number 501. It reports 4,077 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250415134646NAL0003315409001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Maine Service Employees Association Seiu Local 1989
- EIN
- 01-0204000
- Plan number
- 501
- Location
- Augusta, ME
- Participants
- 4,077
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,172,258
- Total liabilities (EOY)
- $729,753
- Net assets (EOY)
- $7,442,505
- Participant contributions
- $1,516,295
- Total income / additions
- $1,934,356
- Benefits paid
- $1,218,161
- Administrative expenses
- $376,277
- Total expenses
- $1,594,438
- Net increase / (decrease)
- $339,918
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Maine Service Employees Association | NONE | $208,221 | not reported in the loaded dataset |
| Health Plans, Inc. | NONE | $69,454 | not reported in the loaded dataset |
| Eaton Peabody | NONE | $33,010 | not reported in the loaded dataset |
| Key Private Bank | NONE | $29,566 | not reported in the loaded dataset |
| Novak Francella, LLC | NONE | $18,500 | not reported in the loaded dataset |
| Varney & Co Benefits Advisors | NONE | $5,000 | not reported in the loaded dataset |