401(k) · DOL Form 5500 · 2022

Bangor Savings Bank 401(k) Plan

Data updated 2026-08-25

$126M
Total assets Near avg plan size
1,050
Participants Near avg headcount
94th
Percentile by assets National rank
$119,851
Avg per participant Near avg balance/head
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Official DOL plan name: Bangor Savings Bank 401(k) Plan & Trust Agreement · Sponsored by Bangor Savings Bank · Maine · Finance & Insurance

$126M in assets, 1,050 participants

Bangor Savings Bank's Bangor Savings Bank 401(k) Plan & Trust Agreement reported $126M in total assets and 1,050 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,336 in Finance & Insurance (9,261 peers)

Coverage in Maine

Bangor Savings Bank 401(k) Plan & Trust Agreement covers 1,050 participants in Maine, 2.2x the typical Maine plan (state average ~472 per filing). Assets: $126M.

#8,336
in Finance & Insurance (9,261 peers)
-15.3%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bangor Savings Bank 401(k) Plan & Trust Agreement's outsized position by total assets

Bangor Savings Bank 401(k) Plan & Trust Agreement vs every filed plan by assets

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

$125,843,771 Top 6% higher than 94% 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

Bangor Savings Bank 401(k) Plan & Trust Agreement's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bangor Savings Bank 401(k) Plan & Trust Agreement lands in the large band (1,050 participants).

Form 5500 schedule snapshot

Filing strip 010024610 · Bangor Savings Bank PY 2022 · 401(k)

Bangor Savings Bank 401(k) Plan & Trust Agreement · $126M · 1,050 · 94th

  • PCT $126M
  • EIN 1,050
  • RANK 94th
  • PHOTO 401(k)
  • IND near Permanente Dental Associates 401(k) Retirement Plan
  • EOY ind #8336

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 →

Bangor Savings Bank 401(k) Plan & Trust Agreement in the asset neighbourhood

Quidel Savings and Retirement PlanQuidel Savings and Retiremen…$126MYkk 401(k) Retirement Plan$126MPermanente Dental Associates 401(k) Retirement PlanPermanente Dental Associates…$126MBangor Savings Bank 401(k) Plan & Trust AgreementBangor Savings Bank 401(k) P…$126MCellmark Profit Sharing Plan and TrustCellmark Profit Sharing Plan…$126M
End-of-year total assets ($M) among Bangor Savings Bank 401(k) Plan & Trust Agreement and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maine filing particulars

Total Assets (Beginning of Year)$148M
Net Assets (End of Year)$126M
Net Income-$23M
Employer EIN010024610
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bangor Savings Bank)

Sponsor-wide plan assets over time

All Bangor Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$167M 32.587260119533454% vs 2022
2024 filing year
$120M$140M$160M$180M 202220232024 $126M $167M ▲ +32.6%
Year Plans Participants Total Assets
2022 1 1,050 $126M
2023 1 1,045 $151M
2024 1 1,041 $167M

Nearby 401(k) Plans in Maine

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

Bangor Savings Bank 401(k) Plan & Trust Agreement vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Bangor Savings Bank 401(k) Plan & Trust Agreement, Total assets ($B): 0.125843771 · Participants: 1050Bangor Savings Bank 401(k) Plan & Trust AgreementTd 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
Bangor Savings Bank 401(k) Plan & Trust Agreement vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Bangor Savings Bank 401(k) Plan & Trust Agreement side-by-side with 3 peers →

Bangor Savings Bank 401(k) Plan & Trust Agreement's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Permanente Dental Associates 401(k) Retirement Plan in OR ($126M); by covered participants it is Engagemed 401(k) Plan in AR (1,050 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($126M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,050 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 Bangor Savings Bank 401(k) Plan & Trust Agreement assets move in 2022? ▼
Bangor Savings Bank 401(k) Plan & Trust Agreement declined sharply - down 15.3% during 2022, from $148M to $126M. Reported net income was -$23M.
How have Bangor Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bangor Savings Bank's sponsor-wide assets grew 32.6%, from $126M to $167M.
Where does Bangor Savings Bank 401(k) Plan & Trust Agreement rank by assets among Form 5500 filers? ▼
Bangor Savings Bank 401(k) Plan & Trust Agreement ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Bangor Savings Bank 401(k) Plan & Trust Agreement? ▼
Among 401(k) plans in other states, the closest by assets is Permanente Dental Associates 401(k) Retirement Plan in OR ($126M, 171 participants).
Which 401(k) plans cover a similar participant headcount to Bangor Savings Bank 401(k) Plan & Trust Agreement? ▼
Among 401(k) plans in other states, the closest by covered participants is Engagemed 401(k) Plan in AR (1,050 participants, $34M 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 010024610.

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.