401(k) · DOL Form 5500 · 2022

Main Street Bank 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
159
Participants Small participant base
78th
Percentile by assets National rank
$133,156
Avg per participant Near avg balance/head
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Official DOL plan name: Main Street Bank and Profit Sharing Plan · Sponsored by Main Street Bank · Massachusetts · Finance & Insurance

$21M in assets, 159 participants

Main Street Bank's Main Street Bank and Profit Sharing Plan reported $21M in total assets and 159 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,019 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Main Street Bank and Profit Sharing Plan covers 159 participants in Massachusetts, about 24% of the average Massachusetts filer (state average ~659 per filing). Assets: $21M.

#6,019
in Finance & Insurance (9,261 peers)
-15.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Main Street Bank and Profit Sharing Plan's outsized position by total assets

Main Street Bank and Profit Sharing Plan vs every filed plan by assets

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

$21,171,841 Top 22% higher than 78% 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

Main Street Bank and Profit Sharing 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. Main Street Bank and Profit Sharing Plan sits mid-pack in the medium band (159 participants).

DOL schedule card

Filing strip 041584100 · Main Street Bank PY 2022 · 401(k)

Main Street Bank and Profit Sharing Plan · $21M · 159 · 78th

  • SCH $21M
  • EBSA 159
  • PART 78th
  • TYPE 401(k)
  • NET near Testan Law Apc 401(k) Profit Sharing Plan
  • BOOK ind #6019

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 →

Main Street Bank and Profit Sharing Plan in the asset neighbourhood

Main Street Bank and Profit Sharing PlanMain Street Bank and Profit …$21MTestan Law Apc 401(k) Profit Sharing PlanTestan Law Apc 401(k) Profit…$21MDoxim 401(k) Plan$21MTurenne & Associates, LLC and Affiliates 401(k) PlanTurenne & Associates, LLC an…$21MYellowstone Landscape, Inc. 401(k) Profit Sharing PlanYellowstone Landscape, Inc. …$21M
End-of-year total assets ($M) among Main Street Bank and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$21M
Net Income-$4M
Employer EIN041584100
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Main Street Bank)

Sponsor-wide plan assets over time

All Main Street Bank plans reported in each filing year

Latest sponsor-wide plan assets
$38M 26.698552197404435% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $30M $38M ▲ +26.7%
Year Plans Participants Total Assets
2022 2 188 $30M
2023 2 206 $36M
2024 2 196 $38M

Nearby 401(k) Plans in Massachusetts

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

Main Street Bank and Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Main Street Bank and Profit Sharing Plan, Total assets ($B): 0.021171841 · Participants: 159Main Street Bank and Profit Sharing 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
Main Street Bank and Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Main Street Bank and Profit Sharing Plan side-by-side with 3 peers →

Main Street Bank and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Testan Law Apc 401(k) Profit Sharing Plan in CA ($21M); by covered participants it is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (159 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (159 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 Main Street Bank and Profit Sharing Plan assets move in 2022? ▼
Main Street Bank and Profit Sharing Plan declined sharply - down 15.3% during 2022, from $25M to $21M. Reported net income was -$4M.
How have Main Street Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Main Street Bank's sponsor-wide assets grew 26.7%, from $30M to $38M.
Where does Main Street Bank and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Main Street Bank and Profit Sharing Plan ranks in the 78th 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 Main Street Bank and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Testan Law Apc 401(k) Profit Sharing Plan in CA ($21M, 161 participants).
Which 401(k) plans cover a similar participant headcount to Main Street Bank and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (159 participants, $171K 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 041584100.

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.