Plan Ledger DOL Form 5500 · updated monthly

Maine Association for Community Service ProvidersDC plan

EMPLOYEE BENEFIT PLAN OF MAINE ASSOCIATION FOR COMMUNITY SERVICE PROVIDERS · HALLOWELL, ME · plan year 2024

Reported admin expense ratio · 2024
0.11%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Maine Association for Community Service Providers reported $8,401 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $354 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.02% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maine (233rd of 354), and 6,036th of 11,911 in health care & social assistance. In 2024, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,074,564
Participants with balances903
Active participants1,130
Employer contributions$399,753
Employee contributions$1,207,512
Employer contribution per active participant$354
Average account balance$10,049
Benefits paid to participants$703,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 903 accts · $400K emplr
2023$6.8M · 841 accts · $473K emplr
2022$4.8M · 812 accts · $915K emplr
Employer contributions to the Maine Association for Community Service Providers plan · 2024
Employer contribution per active participant$354
Median for plans this size$1,313
2024$354 per active participant
2023$439 per active participant
2022$877 per active participant

Maine Association for Community Service Providers's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$8,401

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,401 · 0.11%
2023$10,878 · 0.19%
2022$835 · 0.02%
Similar plansHealth Care & Social Assistance · Maine
Woodfords Family Services ME$9.8M · 0.87%
Hospice of Southern Maine ME$9.4M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010382070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.