401(k) · DOL Form 5500 · 2022

BANKPROV 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
178
Participants Small participant base
77th
Percentile by assets National rank
$111,764
Avg per participant Below avg balance/head
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Official DOL plan name: Bankprov 401(k) Plan · Sponsored by BANKPROV · Massachusetts · Finance & Insurance

$20M in assets, 178 participants

BANKPROV's Bankprov 401(k) Plan reported $20M in total assets and 178 participants in its 2022 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,911 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Bankprov 401(k) Plan covers 178 participants in Massachusetts, about 27% of the average Massachusetts filer (state average ~659 per filing). Assets: $20M.

#5,911
in Finance & Insurance (9,261 peers)
-35.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bankprov 401(k) Plan's outsized position by total assets

Bankprov 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$19,894,018 Top 23% higher than 77% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Bankprov 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bankprov 401(k) Plan sits mid-pack in the medium band (178 participants).

Form 5500 schedule snapshot

Filing strip 043497377 · BANKPROV PY 2022 · 401(k)

Bankprov 401(k) Plan · $20M · 178 · 77th

  • EBSA $20M
  • EBSA 178
  • EBSA 77th
  • EBSA 401(k)
  • EBSA near Burd & Fletcher Company 401(k) Profit Sharing Plan
  • EBSA ind #5911

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Massachusetts →

Bankprov 401(k) Plan in the asset neighbourhood

Optimax Systems, Inc. 401(k) Profit Sharing PlanOptimax Systems, Inc. 401(k)…$20MBankprov 401(k) Plan$20MBurd & Fletcher Company 401(k) Profit Sharing PlanBurd & Fletcher Company 401(…$20MZazzle Inc. 401(k) Plan$20MHancock, Daniel & Johnson, PC. 401(k) Retirement PlanHancock, Daniel & Johnson, P…$20M
End-of-year total assets ($M) among Bankprov 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$20M
Net Income-$11M
Employer EIN043497377
Plan Effective Date1996-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BANKPROV)

Sponsor-wide plan assets over time

All BANKPROV plans reported in each filing year

Latest sponsor-wide plan assets
$42M 36.194741381921105% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $30.8M $42M ▲ +36.2%
Year Plans Participants Total Assets
2022 2 357 $31M
2023 2 410 $40M
2024 2 390 $42M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bankprov 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Bankprov 401(k) Plan, Total assets ($B): 0.019894018 · Participants: 178Bankprov 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Bankprov 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Bankprov 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Burd & Fletcher Company 401(k) Profit Sharing Plan in MO ($20M); by covered participants it is Frontier Inc. Retirement Plan in WI (178 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (178 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bankprov 401(k) Plan assets move in 2022?
Bankprov 401(k) Plan contracted severely - down 35.1% during 2022, from $31M to $20M. Reported net income was -$11M.
How have BANKPROV plan assets changed over time?
Across 3 plan years on file (2022-2024), BANKPROV's sponsor-wide assets grew 36.2%, from $31M to $42M.
Where does Bankprov 401(k) Plan rank by assets among Form 5500 filers?
Bankprov 401(k) Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bankprov 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Burd & Fletcher Company 401(k) Profit Sharing Plan in MO ($20M, 393 participants).
Which 401(k) plans cover a similar participant headcount to Bankprov 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Frontier Inc. Retirement Plan in WI (178 participants, N/A in assets).