Maine Trust for Local News 401(k) match, vesting and fees
What Maine Trust for Local News' 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 | Albin, Randall & Bennett, Cpas (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 612 defined-contribution plans in information with 100 to 499 participants.
| Maine Trust for Local News: employer contribution per participant | $1,000 | |
| Peer median | $2,211 |
| Maine Trust for Local News: average balance | $74,145 | |
| Peer median | $71,359 |
| Maine Trust for Local News: admin expenses ÷ assets | 0.51% | |
| Peer median | 0.25% |
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 $11.3M at the end of plan year 2023 to $20.9M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 330 | $20.9M | $282K | $1,000 | 0.51% | Not published | Form 5500 ↗ |
| 2024 | 390 | $19.2M | $278K | $900 | 0.54% | Not published | Form 5500 ↗ |
| 2023 | 373 | $11.3M | $20K | $87 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Maine Trust for Local News match 401(k) contributions?
The match terms for the Maine Trust 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $282K in employer contributions, about $1,000 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Maine Trust for Local News 401(k) match vested?
The vesting schedule for the Maine Trust 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Maine Trust for Local News 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Transamerica Retirement Solutions. The plan administrator is Maine Trust for Local News.
I left Maine Trust for Local News. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Maine Trust for Local News, (207) 791-6087) or the recordkeeper, Transamerica Retirement Solutions. The Maine Trust for Local News old 401(k) page lists the contacts from every plan filing. Find an old Maine Trust for Local News 401(k)
Data from the public Form 5500 annual reports Maine Trust for Local News filed with the U.S. Department of Labor (plan years 2023 and 2024 and 2025) 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 Trust for Local News. Not financial advice. Report a correction · Methodology