Maine Medical Center Pension Plan — Form 5500 plan (Mainehealth)

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 Medical Center Pension Plan is a benefit plan reported by Mainehealth under EIN 01-0238552 and plan number 001. The latest loaded filing year is 2023. The filing reports 6,690 participants and $763,853,423 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mainehealth
EIN
01-0238552
Plan number
001
Plan type
2
Location
Portland, ME
Latest filing year
2023
Participants
6,690
End-of-year plan assets
$763,853,423

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,690H, C20241014081823NAL0025711665001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$763,853,423
Total liabilities (EOY)
$19,553,197
Net assets (EOY)
$744,300,226
Net assets (BOY)
$696,563,700

Income & contributions

Employer contributions
$40,000,000
Total contributions
$40,000,000
Total income / additions
$112,957,023

Expenses & distributions

Benefits paid
$57,933,616
Administrative expenses
$7,286,881
Total expenses
$65,220,497
Net increase / (decrease)
$47,736,526

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Willis Towers Watson Us LLCNONE$914,739not reported in the loaded dataset2023
Arrowstreet CapitalNONE$434,289$02023
Genesis Asset Managers, LlpNONE$181,621not reported in the loaded dataset2023
Bank Of New York MellonNONE$168,103$02023
Burgundy Asset ManagementNONE$149,603not reported in the loaded dataset2023
Marathon Asset Management LlpNONE$114,138not reported in the loaded dataset2023
1607 Capital PartnersNONE$111,160$02023
Income Research ManagementNONE$86,312not reported in the loaded dataset2023
State Street Global AdvisorsNONE$61,900$02023
Verrill Dana, LlpNONE$29,860not reported in the loaded dataset2023
Baker Newman Noyes LLCNONE$27,750not reported in the loaded dataset2023

Related Form 5500 pages