Camden National 401(k) match, vesting and fees
What Camden National's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Bdmp Assurance LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 658 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Camden National: employer contribution per participant | $2,062 | |
| Peer median | $2,935 |
| Camden National: average balance | $101,894 | |
| Peer median | $92,585 |
| Camden National: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.15% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $80.7M at the end of plan year 2023 to $86.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 870 | $86.8M | $1.8M | $2,062 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 828 | $80.7M | $1.8M | $2,198 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Camden National match 401(k) contributions?
The match terms for the Camden National Corporation Retirement Savings 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.8M in employer contributions, about $2,062 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Camden National 401(k) match vested?
The vesting schedule for the Camden National Corporation Retirement Savings 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Camden National 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Camden National Corporation.
I left Camden National. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Camden National Corporation, (207) 230-2191) or the recordkeeper, Transamerica Retirement Solutions. The Camden National old 401(k) page lists the contacts from every plan filing. Find an old Camden National 401(k)
Data from the public Form 5500 annual reports Camden National filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Camden National. Not financial advice. Report a correction · Methodology