Retail Association of Maine401(k)
THE ALLIANCE OF STATE RETAIL ASSOCIATIONS 401(K) PLAN & TRUST · AUGUSTA, ME · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Retail Association of Maine reported $909,652 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $371 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 0.88% to 1.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 45th-largest of 354 plans among Maine employers on file, and the 204th of 2,534 in administrative & support services. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has grown from 4,383 to 5,822 since 2022.
Retail Association of Maine's 2024 employer contribution ran below the $3,635 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Retail Association of Maine before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 010165117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.