401(k) · DOL Form 5500 · 2022

Skowhegan Savings Bank 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
128
Participants Small participant base
68th
Percentile by assets National rank
$92,885
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Skowhegan Savings Bank 401(k) Retirement Plan · Sponsored by Skowhegan Savings Bank · Maine · Finance & Insurance

$12M in assets, 128 participants

Skowhegan Savings Bank's Skowhegan Savings Bank 401(k) Retirement Plan reported $12M in total assets and 128 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,819 in Finance & Insurance (9,261 peers)

Coverage in Maine

Skowhegan Savings Bank 401(k) Retirement Plan covers 128 participants in Maine, about 27% of the average Maine filer (state average ~472 per filing). Assets: $12M.

#4,819
in Finance & Insurance (9,261 peers)
-22.1%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Skowhegan Savings Bank 401(k) Retirement Plan's outsized position by total assets

Skowhegan Savings Bank 401(k) Retirement Plan vs every filed plan by assets

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

$11,889,278 Top 32% higher than 68% 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

Skowhegan Savings Bank 401(k) Retirement 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. Skowhegan Savings Bank 401(k) Retirement Plan sits mid-pack in the medium band (128 participants).

Published 5500 schedule card

Filing strip 010160050 · Skowhegan Savings Bank PY 2022 · 401(k)

Skowhegan Savings Bank 401(k) Retirement Plan · $12M · 128 · 68th

  • SCH $12M
  • SCH 128
  • SCH 68th
  • SCH 401(k)
  • SCH near Pbg Financial Services PLLC Retirement and Savings Plan
  • SCH ind #4819

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 Maine →

Skowhegan Savings Bank 401(k) Retirement Plan in the asset neighbourhood

Skowhegan Savings Bank 401(k) Retirement PlanSkowhegan Savings Bank 401(k…$12MPbg Financial Services PLLC Retirement and Savings PlanPbg Financial Services PLLC …$12MMidwest Insurance Company 401(k) Profit Sharing PlanMidwest Insurance Company 40…$12MStradley, Ronon, Stevens & Young LLP 401(k) PlanStradley, Ronon, Stevens & Y…$12MKompass Kapital Management, LLC 401(k) RetirementKompass Kapital Management, …$12M
End-of-year total assets ($M) among Skowhegan Savings Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maine filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$12M
Net Income-$3M
Employer EIN010160050
Plan Effective Date1996-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skowhegan Savings Bank)

Sponsor-wide plan assets over time

All Skowhegan Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$15M 28.89980367184618% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.9M $15.3M ▲ +28.9%
Year Plans Participants Total Assets
2022 1 128 $12M
2023 1 134 $13M
2024 1 143 $15M

Nearby 401(k) Plans in Maine

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

Skowhegan Savings Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Skowhegan Savings Bank 401(k) Retirement Plan, Total assets ($B): 0.011889278 · Participants: 128Skowhegan Savings Bank 401(k) Retirement PlanTd 401(k) Retirement Plan, Total assets ($B): 4.082814523 · Participants: 26725Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 1.823433108 · Participants: 9051Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 0.833975444 · Participants: 6436Idexx Retirement and Incentive Savings PlanHannaford Bros. Co., LLC Retirement Savings Plan, Total assets ($B): 0.831539018 · Participants: 28776Hannaford Bros. Co., LLC Retirement Savings PlanThe Cianbro Team Equity Plan, Total assets ($B): 0.624114187 · Participants: 2575The Cianbro Team Equity Plan
Skowhegan Savings Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Skowhegan Savings Bank 401(k) Retirement Plan side-by-side with 3 peers →

Skowhegan Savings Bank 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Pbg Financial Services PLLC Retirement and Savings Plan in IL ($12M); by covered participants it is Montage Inc 401(k) Profit Sharing Plan & Trust in MI (128 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (128 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 Skowhegan Savings Bank 401(k) Retirement Plan assets move in 2022? ▼
Skowhegan Savings Bank 401(k) Retirement Plan declined sharply - down 22.1% during 2022, from $15M to $12M. Reported net income was -$3M.
How have Skowhegan Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Skowhegan Savings Bank's sponsor-wide assets grew 28.9%, from $12M to $15M.
Which 401(k) plans are similar in size to Skowhegan Savings Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pbg Financial Services PLLC Retirement and Savings Plan in IL ($12M, 48 participants).
Which 401(k) plans cover a similar participant headcount to Skowhegan Savings Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Montage Inc 401(k) Profit Sharing Plan & Trust in MI (128 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010160050.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.