logo image

H.M. PAYSON & CO.

Portland, Maine
50-99 employees
Profile site ↗︎
LinkedIn profile ↗︎
Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
H.M. Payson & Co. Savings Plan
H.M. PAYSON & CO.
Rate your benefits
See how your benefits compare to competitors and if you qualify for an Mployer Benefits Award

Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$22,367
Avg Employer Contribution per Person per Year
Top Benefits
EE Friendly
Plan Design
Top Benefits
EE Friendly
Admin Fees as a % of Total Assets
Competitive
15%
1 Year Return
Leading

Peer Group

Size
50-99 employees
Region
New England
Industry
Finance and Insurance

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
H.M. Payson & Co. Savings Plan
Plan type
401k
Plan start date
01/01/1987
Plan assets
$53,487,681
Participation Rate
100.00 %
Loan %
0.17 %
Update your company benefits information and see if you qualify for a Benefits Award
It's free
Not your company?

Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
Yes
Auto-Enroll
Yes
Vesting Requirements
Yes

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
Update your company benefits information and see if you qualify for a Benefits Award
It's free
Not your company?

Just a few of the companies in your cohort

THE COMMON FUND FOR NONPROFITSTHE COMMON FUND FOR NONPROFITSFRONTIER CAPITAL MANAGEMENT COMPANY LLCFRONTIER CAPITAL MANAGEMENT COMPANY LLCTWEEDY, BROWNE COMPANY LLCTWEEDY, BROWNE COMPANY LLCHELLMAN JORDAN MANAGEMENT COMPANY INCHELLMAN JORDAN MANAGEMENT COMPANY INCOAK HILL CAPITAL MANAGEMENT, LLCOAK HILL CAPITAL MANAGEMENT, LLCCRAMER ROSENTHAL MCGLYNN, LLCCRAMER ROSENTHAL MCGLYNN, LLCANCHOR CAPITAL ADVISORS LLCANCHOR CAPITAL ADVISORS LLCNORTH STAR VENTURE MANAGEMENT 2000, LLCNORTH STAR VENTURE MANAGEMENT 2000, LLCLONG WHARF CAPITAL LLCLONG WHARF CAPITAL LLCCANAAN MANAGEMENT, INC.CANAAN MANAGEMENT, INC.

FAQs

Benefits Package

See how to earn a Top Benefits Rating for your company!

It’s free and takes just a few minutes, click here to get started
Get My Rating
Mployer