Defined Benefit (Pension) · DOL Form 5500 · 2022

Kennebunk Savings Bank Pension Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
241
Participants Below avg headcount
90th
Percentile by assets National rank
$267,774
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Retirement Plan of Kennebunk Savings Bank · Sponsored by Kennebunk Savings Bank · Maine · Finance & Insurance

$65M in assets, 241 participants

Kennebunk Savings Bank's The Retirement Plan of Kennebunk Savings Bank reported $65M in total assets and 241 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,763 in Finance & Insurance (9,261 peers)

Where The Retirement Plan of Kennebunk Savings Bank sits by assets

The Retirement Plan of Kennebunk Savings Bank sits in the top 10% of all filed plans by assets, $65M for 241 participants (~$267,774/participant), down 27.4% in 2022.

#7,763
in Finance & Insurance (9,261 peers)
-27.4%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Retirement Plan of Kennebunk Savings Bank's outsized position by total assets

The Retirement Plan of Kennebunk Savings Bank vs every filed plan by assets

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

$64,533,583 Top 10% higher than 90% 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

The Retirement Plan of Kennebunk Savings Bank 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. The Retirement Plan of Kennebunk Savings Bank sits mid-pack in the medium band (241 participants).

Plan-year Form 5500 strip

Filing strip 010100600 · Kennebunk Savings Bank PY 2022 · Defined Benefit (Pension)

The Retirement Plan of Kennebunk Savings Bank · $65M · 241 · 90th

  • EBSA $65M
  • EBSA 241
  • EBSA 90th
  • EBSA Defined Benefit (Pension)
  • EBSA near Debevoise & Plimpton LLP Cash Balance Retirement Plan for Partners
  • EBSA ind #7763

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 →

The Retirement Plan of Kennebunk Savings Bank in the asset neighbourhood

Ironworkers Local #16 Pension PlanIronworkers Local #16 Pensio…$65MStahl Specialty Company/Watry Industries Employees' Pension PlanStahl Specialty Company/Watr…$65MDebevoise & Plimpton LLP Cash Balance Retirement Plan for PartnersDebevoise & Plimpton LLP Cas…$65MThe Retirement Plan of Kennebunk Savings BankThe Retirement Plan of Kenne…$65MPension Plan for Salaried Employees of AlconPension Plan for Salaried Em…$64M
End-of-year total assets ($M) among The Retirement Plan of Kennebunk Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$65M
Net Income-$24M
Employer EIN010100600
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennebunk Savings Bank)

Sponsor-wide plan assets over time

All Kennebunk Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$104M 13.947988358425672% vs 2022
2024 filing year
$90M$95M$100M$105M$110M 202220232024 $91.4M $104M ▲ +13.9%
Year Plans Participants Total Assets
2022 2 584 $91M
2023 2 730 $101M
2024 2 629 $104M

Nearby Defined Benefit (Pension) Plans in Maine

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Retirement Plan of Kennebunk Savings Bank vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 00.511.5 Total assets ($B) Participants The Retirement Plan of Kennebunk Savings Bank, Total assets ($B): 0.064533583 · Participants: 241The Retirement Plan of Kennebunk Savings BankUnum Group Pension Plan, Total assets ($B): 1.331379027 · Participants: 3545Unum Group Pension PlanMaine Medical Center Pension Plan, Total assets ($B): 0.697294392 · Participants: 2933Maine Medical Center Pension PlanLegacy Chrysler Financial Employee Pension Plan, Total assets ($B): 0.54388522 · Participants: 265Legacy Chrysler Financial Employee Pension PlanTd Banknorth Inc. Pension Plan, Total assets ($B): 0.426889884 · Participants: 1730Td Banknorth Inc. Pension PlanNorthern Light Health Retirement Partnership Plan, Total assets ($B): 0.262602197 · Participants: 6070Northern Light Health Retirement Partnership Plan
The Retirement Plan of Kennebunk Savings Bank vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants
Compare The Retirement Plan of Kennebunk Savings Bank side-by-side with 3 peers →

The Retirement Plan of Kennebunk Savings Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maine, the nearest Defined Benefit (Pension) by assets is Debevoise & Plimpton LLP Cash Balance Retirement Plan for Partners in NY ($65M); by covered participants it is Listerhill Credit Union Cash Balance Defined Benefit Plan and Trust in AL (241 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (241 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 The Retirement Plan of Kennebunk Savings Bank assets move in 2022? ▼
The Retirement Plan of Kennebunk Savings Bank declined sharply - down 27.4% during 2022, from $89M to $65M. Reported net income was -$24M.
How have Kennebunk Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kennebunk Savings Bank's sponsor-wide assets grew 13.9%, from $91M to $104M.
Where does The Retirement Plan of Kennebunk Savings Bank rank by assets among Form 5500 filers? ▼
The Retirement Plan of Kennebunk Savings Bank ranks in the 90th 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 Defined Benefit (Pension) plans are similar in size to The Retirement Plan of Kennebunk Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Debevoise & Plimpton LLP Cash Balance Retirement Plan for Partners in NY ($65M, 127 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan of Kennebunk Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Listerhill Credit Union Cash Balance Defined Benefit Plan and Trust in AL (241 participants, $24M 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 010100600.

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.