401(k) · DOL Form 5500 · 2023
Bangor Savings Bank 401(k) Plan
Data updated 2026-08-25
- $151M
- Total assets Near avg plan size
- 1,045
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $144,701
- Avg per participant Above avg balance/head
Official DOL plan name: Bangor Savings Bank 401(k) Plan & Trust Agreement · Sponsored by Bangor Savings Bank · Maine · Finance & Insurance
$151M in assets, 1,045 participants
Bangor Savings Bank's Bangor Savings Bank 401(k) Plan & Trust Agreement reported $151M in total assets and 1,045 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- #7,982 in Finance & Insurance (8,869 peers)
Coverage in Maine
Bangor Savings Bank 401(k) Plan & Trust Agreement covers 1,045 participants in Maine, 2.2x the typical Maine plan (state average ~472 per filing). Assets: $151M.
- #7,982
- in Finance & Insurance (8,869 peers)
- +20.2%
- assets growth YoY
- 1.5×
- vs typical plan assets (national mean)
Bangor Savings Bank 401(k) Plan & Trust Agreement's outsized position by total assets
Bangor Savings Bank 401(k) Plan & Trust Agreement vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$151,212,123 Top 6% higher than 94% 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
Bangor Savings Bank 401(k) Plan & Trust Agreement's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bangor Savings Bank 401(k) Plan & Trust Agreement lands in the large band (1,045 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Bangor Savings Bank 401(k) Plan & Trust Agreement reported net income rose from -$23M in the plan year 2022 filing to $25M in the plan year 2023 filing.
- Bangor Savings Bank 401(k) Plan & Trust Agreement end-of-year assets rose from $126M in the plan year 2022 filing to $151M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 010024610 · Bangor Savings Bank PY 2023 · 401(k)
Bangor Savings Bank 401(k) Plan & Trust Agreement · $151M · 1,045 · 94th
- TYPE $151M
- NET 1,045
- BOOK 94th
- VS-ST 401(k)
- BOY near United Fire Group 401(k) Plan
- SCH ind #7982
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 →
Bangor Savings Bank 401(k) Plan & Trust Agreement in the asset neighbourhood
Maine filing particulars
| Total Assets (Beginning of Year) | $126M |
|---|---|
| Net Assets (End of Year) | $151M |
| Net Income | $25M |
| Employer EIN | 010024610 |
| Plan Effective Date | 1989-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bangor Savings Bank)
Sponsor-wide plan assets over time
All Bangor Savings Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $167M 32.587260119533454% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,050 | $126M |
| 2023 | 1 | 1,045 | $151M |
| 2024 | 1 | 1,041 | $167M |
Nearby 401(k) Plans in Maine
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Td 401(k) Retirement Plan $4.9B · 30,094
- Unum Group 401(k) Retirement Plan $2.2B · 9,604
- Idexx Retirement and Incentive Savings Plan $1.0B · 6,594
- Hannaford Bros. Co. 401(k) Plan $986M · 29,370
- L.L. Bean 401(k) Retirement Savings Plan $721M · 7,173
Bangor Savings Bank 401(k) Plan & Trust Agreement's out-of-state 401(k) peers by assets and headcount
Outside Maine, the nearest 401(k) by assets is United Fire Group 401(k) Plan in IA ($151M); by covered participants it is Mega International, LLC 401(k) Plan in CA (1,045 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($151M here).
- United Fire Group 401(k) Plan (IA) $151M · 1,096
- Penn Engineering 401(k) Plan (PA) $151M · 807
- 401(k) Profit Sharing Plan of Charlotte Eye, Ear, Nose & Throat Associates, P. a. (NC) $151M · 612
- Robert Half Inc. 401(k) Plan for Contract Talent and Full-Time Engagement Professionals (CA) $151M · 44,082
Similar participant headcount
Nearest other-state filings by covered participants (1,045 participants); asset peers above are excluded.
- Mega International, LLC 401(k) Plan (CA) 1,045 · 0 off
- Donatos Pizzeria 401(k) Plan (OH) 1,045 · 0 off
- Ceohr, Inc. Retirement Savings Plan (FL) 1,045 · 0 off
- Schell & Kampeter, Inc. Profit Sharing Plan (MO) 1,045 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.