Martin's Point Health Care401(k)
MARTIN'S POINT 401(K) PLAN · PORTLAND, ME · plan year 2024
Martin's Point Health Care's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $166,456,549 across 1,391 participant accounts, with employer contributions averaging $4,749 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 23rd-largest of 354 plans among Maine employers on file, and the 732nd of 11,911 in health care & social assistance. In 2024, employees put in $1.66 for every $1.00 the employer contributed.
Martin's Point Health Care's 2024 employer contribution ran above the $3,635 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 010353275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.