401(k) · DOL Form 5500 · 2023
Needham Bank 401(k) Plan
Data updated 2026-08-25
- $46M
- Total assets Below avg plan size
- 338
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $136,199
- Avg per participant Near avg balance/head
Official DOL plan name: Needham Bank 401(k) Plan · Sponsored by Needham Bank · Massachusetts · Finance & Insurance
$46M in assets, 338 participants
Needham Bank's Needham Bank 401(k) Plan reported $46M in total assets and 338 participants in its 2023 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.
- #6,789 in Finance & Insurance (8,869 peers)
Where Needham Bank 401(k) Plan sits by assets
Needham Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $46M for 338 participants (~$136,199/participant).
- #6,789
- in Finance & Insurance (8,869 peers)
- $6M
- reported net income
- 0.5×
- vs typical plan assets (national mean)
Needham Bank 401(k) Plan's outsized position by total assets
Needham Bank 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$46,035,397 Top 15% higher than 85% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Needham Bank 401(k) Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Needham Bank 401(k) Plan sits mid-pack in the medium band (338 participants).
DOL schedule card
Filing strip 843556185 · Needham Bank PY 2023 · 401(k)
Needham Bank 401(k) Plan · $46M · 338 · 85th
- EBSA $46M
- EBSA 338
- EBSA 85th
- EBSA 401(k)
- EBSA near The Ruskin Moscou Faltischek, P.C. 401(k) Retirement Plan
- EBSA ind #6789
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 →
Needham Bank 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | N/A |
|---|---|
| Net Assets (End of Year) | $46M |
| Net Income | $6M |
| Employer EIN | 843556185 |
| Plan Effective Date | 1946-01-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Needham Bank)
Sponsor-wide plan assets over time
All Needham Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $124M 108.37377326228624% vs 2023
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2023 | 2 | 622 | $59M |
| 2024 | 3 | 730 | $124M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
Needham Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is The Ruskin Moscou Faltischek, P.C. 401(k) Retirement Plan in NY ($46M); by covered participants it is Tempel Steel Co Savings & Investment Plan in IL (338 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($46M here).
Similar participant headcount
Nearest other-state filings by covered participants (338 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.