Plan Ledger DOL Form 5500 · updated monthly

Pine Tree Legal Assistance, Inc.403(b)

PINE TREE LEGAL ASSISTANCE TAX SHELTERED ANNUITY PLAN · PORTLAND, ME · plan year 2024

Employer contribution per participant · 2024
$2,718

Pine Tree Legal Assistance, Inc.'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 $9,292,567 across 149 participant accounts, with employer contributions averaging $2,718 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maine (229th of 354), and 8,221st of 11,654 in professional & technical services. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 73 to 93 since 2022.

Plan summary
Net assets, end of year$9,292,567
Participants with balances149
Active participants93
Employer contributions$252,757
Employee contributions$336,815
Employer contribution per active participant$2,718
Average account balance$62,366
Benefits paid to participants$1,038,965
Plan auditUnmodified (clean) audit opinion
AuditorONE RIVER CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 149 accts · $253K emplr
2023$8.5M · 137 accts · $208K emplr
2022$7.0M · 128 accts · $192K emplr
Employer contributions to the Pine Tree Legal Assistance, Inc. plan · 2024
Employer contribution per active participant$2,718
Median for plans this size$1,313
2024$2,718 per active participant
2023$2,386 per active participant
2022$2,628 per active participant

Pine Tree Legal Assistance, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Service providers · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$557

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

Administrative cost history3
2024Not separately reported
2023$371 · 0.00%
2022$459 · 0.01%
Similar plansProfessional & Technical Services · Maine
Rlc Engineering, LLC ME$16.5M · 0.37%
S.W. Cole Engineering, Inc. ME$14.2M · 0.35%
Veritas Prime ME$9.4M · 0.33%
Combined Management, Inc. ME$7.7M · 1.01%
Epco, LLC ME$3.2M · 0.27%
Jmc Associates, P.A. ME$1.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010279387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.