401(k) · DOL Form 5500 · 2023

Northeast Bank 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
172
Participants Small participant base
75th
Percentile by assets National rank
$131,822
Avg per participant Near avg balance/head
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Official DOL plan name: Sbera 401(k) Plan as Adopted by Northeast Bank · Sponsored by Northeast Bank · Maine · Finance & Insurance

$23M in assets, 172 participants

Northeast Bank's Sbera 401(k) Plan as Adopted by Northeast Bank reported $23M in total assets and 172 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,512 in Finance & Insurance (8,869 peers)

Coverage in Maine

Sbera 401(k) Plan as Adopted by Northeast Bank covers 172 participants in Maine, about 36% of the average Maine filer (state average ~472 per filing). Assets: $23M.

#5,512
in Finance & Insurance (8,869 peers)
+25.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Sbera 401(k) Plan as Adopted by Northeast Bank's outsized position by total assets

Sbera 401(k) Plan as Adopted by Northeast Bank vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$22,673,412 Top 25% higher than 75% of 127,068 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 2023

Sbera 401(k) Plan as Adopted by Northeast Bank 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. Sbera 401(k) Plan as Adopted by Northeast Bank sits mid-pack in the medium band (172 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sbera 401(k) Plan as Adopted by Northeast Bank reported net income rose from -$3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Sbera 401(k) Plan as Adopted by Northeast Bank end-of-year assets rose from $18M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Sbera 401(k) Plan as Adopted by Northeast Bank reported participants fell from 174 in the plan year 2022 filing to 172 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 010029040 · Northeast Bank PY 2023 · 401(k)

Sbera 401(k) Plan as Adopted by Northeast Bank · $23M · 172 · 75th

  • SCH $23M
  • SCH 172
  • SCH 75th
  • SCH 401(k)
  • SCH near Gunnison Consulting Group, Inc. 401(k) Plan
  • SCH ind #5512

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 →

Sbera 401(k) Plan as Adopted by Northeast Bank in the asset neighbourhood

Sbera 401(k) Plan as Adopted by Northeast BankSbera 401(k) Plan as Adopted…$23MGunnison Consulting Group, Inc. 401(k) PlanGunnison Consulting Group, I…$23MAcme United Corporation 401(k) Profit Sharing PlanAcme United Corporation 401(…$23MValidity Inc. 401(k) Plan$23MAtapco 401(k) Plan$23M
End-of-year total assets ($M) among Sbera 401(k) Plan as Adopted by Northeast Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
Net Income$5M
Employer EIN010029040
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northeast Bank)

Sponsor-wide plan assets over time

All Northeast Bank plans reported in each filing year

Latest sponsor-wide plan assets
$28M 53.64930737126019% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18M $27.7M ▲ +53.7%
Year Plans Participants Total Assets
2022 1 174 $18M
2023 1 172 $23M
2024 1 182 $28M

Nearby 401(k) Plans in Maine

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

Sbera 401(k) Plan as Adopted by Northeast Bank vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Sbera 401(k) Plan as Adopted by Northeast Bank, Total assets ($B): 0.022673412 · Participants: 172Sbera 401(k) Plan as Adopted by Northeast BankTd 401(k) Retirement Plan, Total assets ($B): 4.942173822 · Participants: 30094Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.163858906 · Participants: 9604Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.048053529 · Participants: 6594Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 0.986043827 · Participants: 29370Hannaford Bros. Co. 401(k) PlanL.L. Bean 401(k) Retirement Savings Plan, Total assets ($B): 0.721305706 · Participants: 7173L.L. Bean 401(k) Retirement Savings Plan
Sbera 401(k) Plan as Adopted by Northeast Bank vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Sbera 401(k) Plan as Adopted by Northeast Bank side-by-side with 3 peers →

Sbera 401(k) Plan as Adopted by Northeast Bank's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Gunnison Consulting Group, Inc. 401(k) Plan in VA ($23M); by covered participants it is Retail Capital LLC 401(k) Plan in MI (172 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (172 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.

Frequently Asked Questions

How did Sbera 401(k) Plan as Adopted by Northeast Bank assets move in 2023? ▼
Sbera 401(k) Plan as Adopted by Northeast Bank grew sharply - up 25.8% during 2023, from $18M to $23M. Reported net income was $5M.
How have Northeast Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northeast Bank's sponsor-wide assets grew 53.6%, from $18M to $28M.
Where does Sbera 401(k) Plan as Adopted by Northeast Bank rank by assets among Form 5500 filers? ▼
Sbera 401(k) Plan as Adopted by Northeast Bank ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sbera 401(k) Plan as Adopted by Northeast Bank? ▼
Among 401(k) plans in other states, the closest by assets is Gunnison Consulting Group, Inc. 401(k) Plan in VA ($23M, 284 participants).
Which 401(k) plans cover a similar participant headcount to Sbera 401(k) Plan as Adopted by Northeast Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Retail Capital LLC 401(k) Plan in MI (172 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010029040.

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.