401(k) · DOL Form 5500 · 2022

Kennebec Savings Bank 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
182
Participants Below avg headcount
85th
Percentile by assets National rank
$202,067
Avg per participant Above avg balance/head
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Official DOL plan name: Kennebec Savings Bank 401(k) Savings Plan and Trust · Sponsored by Kennebec Savings Bank · Maine · Finance & Insurance

$37M in assets, 182 participants

Kennebec Savings Bank's Kennebec Savings Bank 401(k) Savings Plan and Trust reported $37M in total assets and 182 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,036 in Finance & Insurance (9,261 peers)

Coverage in Maine

Kennebec Savings Bank 401(k) Savings Plan and Trust covers 182 participants in Maine, about 39% of the average Maine filer (state average ~472 per filing). Assets: $37M.

#7,036
in Finance & Insurance (9,261 peers)
-14.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kennebec Savings Bank 401(k) Savings Plan and Trust's outsized position by total assets

Kennebec Savings Bank 401(k) Savings Plan and Trust vs every filed plan by assets

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

$36,776,114 Top 15% higher than 85% 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

Kennebec Savings Bank 401(k) Savings Plan and Trust 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. Kennebec Savings Bank 401(k) Savings Plan and Trust sits mid-pack in the medium band (182 participants).

Plan-year Form 5500 strip

Filing strip 010100490 · Kennebec Savings Bank PY 2022 · 401(k)

Kennebec Savings Bank 401(k) Savings Plan and Trust · $37M · 182 · 85th

  • BOY $37M
  • BOY 182
  • BOY 85th
  • BOY 401(k)
  • BOY near Fonar Corporation 401(k) Plan
  • BOY ind #7036

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 →

Kennebec Savings Bank 401(k) Savings Plan and Trust in the asset neighbourhood

Kennebec Savings Bank 401(k) Savings Plan and TrustKennebec Savings Bank 401(k)…$37MFonar Corporation 401(k) Plan$37MBlue Umbrella 401(k) Plan$37MGalloway, Inc. and Affiliated Employers 401(k) Savings PlanGalloway, Inc. and Affiliate…$37MBard Manufacturing Company, Inc. Savings and Profit Sharing PlanBard Manufacturing Company, …$37M
End-of-year total assets ($M) among Kennebec Savings Bank 401(k) Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maine filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$37M
Net Income-$6M
Employer EIN010100490
Plan Effective Date1993-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennebec Savings Bank)

Sponsor-wide plan assets over time

All Kennebec Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$50M 36.118982010986805% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $36.8M $50.1M ▲ +36.1%
Year Plans Participants Total Assets
2022 1 182 $37M
2023 1 190 $43M
2024 1 203 $50M

Nearby 401(k) Plans in Maine

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

Kennebec Savings Bank 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Kennebec Savings Bank 401(k) Savings Plan and Trust, Total assets ($B): 0.036776114 · Participants: 182Kennebec Savings Bank 401(k) Savings Plan and TrustTd 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
Kennebec Savings Bank 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Kennebec Savings Bank 401(k) Savings Plan and Trust side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Fonar Corporation 401(k) Plan in NY ($37M); by covered participants it is Hillman Bus 401(k) in NJ (182 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (182 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 Kennebec Savings Bank 401(k) Savings Plan and Trust assets move in 2022? ▼
Kennebec Savings Bank 401(k) Savings Plan and Trust pulled back noticeably - down 14.4% during 2022, from $43M to $37M. Reported net income was -$6M.
How have Kennebec Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kennebec Savings Bank's sponsor-wide assets grew 36.1%, from $37M to $50M.
Where does Kennebec Savings Bank 401(k) Savings Plan and Trust rank by assets among Form 5500 filers? ▼
Kennebec Savings Bank 401(k) Savings Plan and Trust ranks in the 85th 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 Kennebec Savings Bank 401(k) Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Fonar Corporation 401(k) Plan in NY ($37M, 548 participants).
Which 401(k) plans cover a similar participant headcount to Kennebec Savings Bank 401(k) Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Hillman Bus 401(k) in NJ (182 participants, $709K 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 010100490.

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.