Plan Ledger DOL Form 5500 · updated monthly

Maine Public403(b)

MAINE PUBLIC BROADCASTING CORPORATION 403B RETIREMENT PLAN · LEWISTON, ME · plan year 2025

Reported admin expense ratio · 2025
0.23%

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

Maine Public reported $69,442 in plan administrative expenses for 2025: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,208 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 3 years on file its reported administrative ratio rose from 0.15% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other information & media employers. By assets it is the 101st-largest of 354 plans among Maine employers on file, and the 745th of 2,199 in information & media. In 2025, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 103 to 115 since 2022.

Plan summary
Net assets, end of year$31,870,157
Participants with balances275
Active participants115
Employer contributions$483,888
Employee contributions$657,531
Employer contribution per active participant$4,208
Average account balance$115,891
Benefits paid to participants$1,248,382
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$31.9M · 275 accts · $484K emplr
2024$28.0M · 279 accts · $456K emplr
2023$25.2M · 269 accts · $435K emplr
2022$22.1M · 268 accts · $408K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$69,354
Audit (IQPA)$88
Total administrative$69,442
Employer contributions to the Maine Public plan · 2025
Employer contribution per active participant$4,208
Median for plans this size$2,666
2025$4,208 per active participant
2024$3,998 per active participant
2023$4,223 per active participant
2022$3,958 per active participant

Maine Public's 2025 employer contribution ran above the $2,666 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
HEALEY AND ASSOCIATES, INC$13,011
M EMPLOYEE BENEFITS, INC.$11,616

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

Administrative cost history4
2025$69,442 · 0.23%
2024$66,645 · 0.25%
2023$81,878 · 0.35%
2022$34,560 · 0.15%
Similar plansInformation & Media · Maine
Wex Inc. ME$521.7M · 0.06%
Bangor Publishing ME$22.6M · 0.02%
Maine Trust for Local News ME$19.2M · 0.54%
Clearcompany ME$15.6M · 0.11%
Rxante, Inc. ME$11.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223171529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.