401(k) · DOL Form 5500 · 2022

Colonial Federal Savings Bank 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
26
Participants Small participant base
34th
Percentile by assets National rank
$79,546
Avg per participant Below avg balance/head
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Official DOL plan name: Colonial Federal Savings Bank Employee Stock Ownership Plan · Sponsored by Colonial Federal Savings Bank · Massachusetts · Finance & Insurance

$2M in assets, 26 participants

Colonial Federal Savings Bank's Colonial Federal Savings Bank Employee Stock Ownership Plan reported $2M in total assets and 26 participants in its 2022 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,151 in Finance & Insurance (9,261 peers)

Colonial Federal Savings Bank multi-year trail

Colonial Federal Savings Bank's plans moved -58.4% in assets from 2022 to 2024; this filing shows Colonial Federal Savings Bank Employee Stock Ownership Plan at $2M / 26 participants.

#2,151
in Finance & Insurance (9,261 peers)
-$488K
reported net income

The plan reported a net loss of $488K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Colonial Federal Savings Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Colonial Federal Savings Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$2,068,192 34th percentile higher than 34% 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

Colonial Federal Savings Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Colonial Federal Savings Bank Employee Stock Ownership Plan is a small filing (26 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 041983105 · Colonial Federal Savings Bank PY 2022 · 401(k)

Colonial Federal Savings Bank Employee Stock Ownership Plan · $2M · 26 · 34th

  • 5500 $2M
  • 5500 26
  • 5500 34th
  • 5500 401(k)
  • 5500 near United Motors, Ltd Dba Liberty Import Center Profit Sharing and
  • 5500 ind #2151

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 →

Colonial Federal Savings Bank Employee Stock Ownership Plan in the asset neighbourhood

Colonial Federal Savings Bank Employee Stock Ownership PlanColonial Federal Savings Ban…$2MUnited Motors, Ltd Dba Liberty Import Center Profit Sharing andUnited Motors, Ltd Dba Liber…$2MRamos Financial Corporation Profit Sharing/401(k) PlanRamos Financial Corporation …$2MExcel Bottling Company 401(k) PlanExcel Bottling Company 401(k…$2MWalton K. Joyner, Jr., M.D., P.a. 401(k) Profit Sharing PlanWalton K. Joyner, Jr., M.D.,…$2M
End-of-year total assets ($M) among Colonial Federal Savings Bank Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Colonial Federal Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All Colonial Federal Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 58.4054333446798% vs 2022
2024 filing year
$1M$2M$3M$4M$5M 202220232024 $4.14M $1.72M ▼ -58.5%
Year Plans Participants Total Assets
2022 2 52 $4M
2023 1 24 $2M
2024 1 27 $2M

Colonial Federal Savings Bank filing trail (2022)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$2M
Net Income-$488K
Employer EIN041983105
Plan Effective Date2021-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Colonial Federal Savings Bank Employee Stock Ownership Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Colonial Federal Savings Bank Employee Stock Ownership Plan, Total assets ($B): 0.002068192 · Participants: 26Colonial Federal Savings Bank Employee Stock Ownership 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
Colonial Federal Savings Bank Employee Stock Ownership Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Colonial Federal Savings Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Colonial Federal Savings Bank Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is United Motors, Ltd Dba Liberty Import Center Profit Sharing and in IL ($2M); by covered participants it is Acceletronics, Inc. Employees 401(k) Profit Sharing Plan in PA (26 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (26 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 have Colonial Federal Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Colonial Federal Savings Bank's sponsor-wide assets declined 58.4%, from $4M to $2M.
Which 401(k) plans are similar in size to Colonial Federal Savings Bank Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is United Motors, Ltd Dba Liberty Import Center Profit Sharing and in IL ($2M, 89 participants).
Which 401(k) plans cover a similar participant headcount to Colonial Federal Savings Bank Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Acceletronics, Inc. Employees 401(k) Profit Sharing Plan in PA (26 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 041983105.

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.