Maine Trust 401(K) Plan — Form 5500 plan (Maine Trust For Local News)
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 Trust 401(K) Plan is a benefit plan reported by Maine Trust For Local News under EIN 93-2398532 and plan number 001. The latest loaded filing year is 2023. The filing reports 363 participants and $11,329,987 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Maine Trust For Local News
- EIN
- 93-2398532
- Plan number
- 001
- Plan type
- 2
- Location
- South Portland, ME
- Latest filing year
- 2023
- Participants
- 363
- End-of-year plan assets
- $11,329,987
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 363 | H, C | 20241014190159NAL0028130177001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,329,987
- Net assets (EOY)
- $11,329,987
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $20,356
- Participant contributions
- $75,367
- Total contributions
- $10,846,336
- Total income / additions
- $11,339,146
Expenses & distributions
- Benefits paid
- $4,500
- Administrative expenses
- $4,659
- Total expenses
- $9,159
- Net increase / (decrease)
- $11,329,987
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $4,659 | $0 | 2023 |