Maine Drilling & Blasting 401(k) match, vesting and fees
What Maine Drilling & Blasting'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Wipfli 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 522 defined-contribution plans in construction with 500 to 999 participants.
| Maine Drilling & Blasting: employer contribution per participant | $905 | |
| Peer median | $2,358 |
| Maine Drilling & Blasting: average balance | $56,390 | |
| Peer median | $60,334 |
| Maine Drilling & Blasting: admin expenses ÷ assets | 0.65% | |
| Peer median | 0.31% |
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 $30.9M at the end of plan year 2023 to $35.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 669 | $35.6M | $572K | $905 | 0.65% | Not published | Form 5500 ↗ |
| 2023 | 673 | $30.9M | $503K | $773 | 0.63% | Not published | Form 5500 ↗ |
Common questions
Does Maine Drilling & Blasting match 401(k) contributions?
The match terms for the Maine Drilling & Blasting, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $572K in employer contributions, about $905 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Maine Drilling & Blasting 401(k) match vested?
The vesting schedule for the Maine Drilling & Blasting, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Maine Drilling & Blasting 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Maine Drilling & Blasting, Inc..
I left Maine Drilling & Blasting. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Maine Drilling & Blasting, Inc., (603) 232-8547) or the recordkeeper, Principal Life Insurance Company. The Maine Drilling & Blasting old 401(k) page lists the contacts from every plan filing. Find an old Maine Drilling & Blasting 401(k)
Data from the public Form 5500 annual reports Maine Drilling & Blasting 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 Maine Drilling & Blasting. Not financial advice. Report a correction · Methodology