First Atlantic Corporation 401(k) Plan: Login, Facts & Contact Information

First Atlantic Corporation 401(k) Plan Facts

Plan name
FIRST ATLANTIC CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
FIRST ATLANTIC CORPORATION
Participants
1,299 (1,026 active employees)
Former employees with a balance
100
Plan assets
$11,847,414 at Dec 31, 2024
Average account balance
$12,201 across 971 accounts
Employer contributions
$259,850 in plan year 2024 (18% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1995
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.48 million went into the plan in contributions, $259,850 of it from the employer (18%).
  • $829,904 was paid out to participants.
  • Investment and other income added $1.36 million.
  • Administrative expenses were $72,301, about $74 per account.

How the First Atlantic Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,442$8.47 million—$632,337
20201,156$9.18 million—$985,564
20211,037$10.3 million—$723,723
20221,038$8.36 million$18,911$968,485
20231,110$9.91 million$126,950$672,420
20241,299$11.8 million$259,850$829,904

First Atlantic Corporation 401(k) Contact Information

Phone
207-619-7942
Mailing address
100 WATERMAN DRIVE, SUITE 401, SOUTH PORTLAND ME 04106
Plan sponsor
FIRST ATLANTIC CORPORATION
Employer identification number (EIN)
01-0407925
Plan number
001

Questions about the First Atlantic Corporation 401(k)

Does First Atlantic Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $259,850, 18% of all contributions.

Does the First Atlantic Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the First Atlantic Corporation 401(k) plan?

1,299 participants at the start of plan year 2024, 1,026 of them active employees, and 100 former employees who still had money in the plan.

What is the average 401(k) balance at First Atlantic Corporation?

About $12,201 per account: $11.8 million in plan assets across 971 accounts with a balance at the end of plan year 2024.

Who manages the First Atlantic Corporation 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at First Atlantic Corporation. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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