Defined Benefit (Pension) · DOL Form 5500 · 2023

Androscoggin Savings Bank Pension Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
29
Participants Small participant base
71st
Percentile by assets National rank
$634,887
Avg per participant High balance/head
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Official DOL plan name: The Retirement Plan for Employees of Androscoggin Savings Bank · Sponsored by Androscoggin Savings Bank · Maine · Finance & Insurance

$18M in assets, 29 participants

Androscoggin Savings Bank's The Retirement Plan for Employees of Androscoggin Savings Bank reported $18M in total assets and 29 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,076 in Finance & Insurance (8,869 peers)

Androscoggin Savings Bank multi-year trail

Androscoggin Savings Bank's plans moved +29.7% in assets from 2022 to 2024; this filing shows The Retirement Plan for Employees of Androscoggin Savings Bank at $18M / 29 participants.

#5,076
in Finance & Insurance (8,869 peers)
+9.8%
assets growth YoY

The Retirement Plan for Employees of Androscoggin Savings Bank's outsized position by total assets

The Retirement Plan for Employees of Androscoggin Savings Bank vs every filed plan by assets

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

$18,411,719 Top 29% higher than 71% 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

The Retirement Plan for Employees of Androscoggin Savings Bank among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Retirement Plan for Employees of Androscoggin Savings Bank is a small filing (29 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Retirement Plan for Employees of Androscoggin Savings Bank reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Retirement Plan for Employees of Androscoggin Savings Bank end-of-year assets rose from $17M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • The Retirement Plan for Employees of Androscoggin Savings Bank reported participants fell from 32 in the plan year 2022 filing to 29 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 010020240 · Androscoggin Savings Bank PY 2023 · Defined Benefit (Pension)

The Retirement Plan for Employees of Androscoggin Savings Bank · $18M · 29 · 71st

  • TYPE $18M
  • TYPE 29
  • TYPE 71st
  • TYPE Defined Benefit (Pension)
  • TYPE near Local 202 Sheet Metal Workers Pension Fund
  • TYPE ind #5076

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 for Employees of Androscoggin Savings Bank in the asset neighbourhood

Durham Retirement Plan$18MDurham Retirement Plan$18MLocal 202 Sheet Metal Workers Pension FundLocal 202 Sheet Metal Worker…$18MThe Retirement Plan for Employees of Androscoggin Savings BankThe Retirement Plan for Empl…$18MLtmi Defined Benefit Plan$18M
End-of-year total assets ($M) among The Retirement Plan for Employees of Androscoggin Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Androscoggin Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All Androscoggin Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$49M 29.657253262132322% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.2M $49.5M ▲ +29.6%
Year Plans Participants Total Assets
2022 2 228 $38M
2023 2 232 $43M
2024 2 222 $49M

Androscoggin Savings Bank filing trail (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN010020240
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Maine

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

The Retirement Plan for Employees of Androscoggin Savings Bank vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants The Retirement Plan for Employees of Androscoggin Savings Bank, Total assets ($B): 0.018411719 · Participants: 29The Retirement Plan for Employees of Androscoggin Savings BankUnum Group Pension Plan, Total assets ($B): 1.299774166 · Participants: 3140Unum Group Pension PlanMaine Medical Center Pension Plan, Total assets ($B): 0.763853423 · Participants: 2679Maine Medical Center Pension PlanLegacy Chrysler Financial Employee Pension Plan, Total assets ($B): 0.545964991 · Participants: 248Legacy Chrysler Financial Employee Pension PlanTd Banknorth Inc. Pension Plan, Total assets ($B): 0.437094691 · Participants: 1632Td Banknorth Inc. Pension PlanNorthern Light Health Retirement Partnership Plan, Total assets ($B): 0.278599458 · Participants: 5979Northern Light Health Retirement Partnership Plan
The Retirement Plan for Employees of Androscoggin Savings Bank vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants
Compare The Retirement Plan for Employees of Androscoggin Savings Bank side-by-side with 3 peers →

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

Outside Maine, the nearest Defined Benefit (Pension) by assets is Local 202 Sheet Metal Workers Pension Fund in MO ($18M); by covered participants it is The York Water Company Pension Plan for General and Administrative Employees in PA (29 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (29 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 The Retirement Plan for Employees of Androscoggin Savings Bank assets move in 2023? ▼
The Retirement Plan for Employees of Androscoggin Savings Bank grew at a solid clip - up 9.8% during 2023, from $17M to $18M. Reported net income was $2M.
How have Androscoggin Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Androscoggin Savings Bank's sponsor-wide assets grew 29.7%, from $38M to $49M.
Which Defined Benefit (Pension) plans are similar in size to The Retirement Plan for Employees of Androscoggin Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 202 Sheet Metal Workers Pension Fund in MO ($18M, 14 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan for Employees of Androscoggin Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The York Water Company Pension Plan for General and Administrative Employees in PA (29 participants, $44M 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 010020240.

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.