401(k) · DOL Form 5500 · 2023

The Berkshire Bank 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
80
Participants Small participant base
69th
Percentile by assets National rank
$209,045
Avg per participant Above avg balance/head
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Official DOL plan name: The Berkshire Bank 401(k)/Profit Sharing Plan · Sponsored by The Berkshire Bank · New York · Finance & Insurance

$17M in assets, 80 participants

The Berkshire Bank's The Berkshire Bank 401(k)/Profit Sharing Plan reported $17M in total assets and 80 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,874 in Finance & Insurance (8,869 peers)

The Berkshire Bank multi-year trail

The Berkshire Bank's plans moved +33.2% in assets from 2022 to 2024; this filing shows The Berkshire Bank 401(k)/Profit Sharing Plan at $17M / 80 participants.

#4,874
in Finance & Insurance (8,869 peers)
+22.4%
assets growth YoY

The Berkshire Bank 401(k)/Profit Sharing Plan's outsized position by total assets

The Berkshire Bank 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$16,723,603 Top 31% higher than 69% 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 Berkshire Bank 401(k)/Profit Sharing Plan 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 Berkshire Bank 401(k)/Profit Sharing Plan is a small filing (80 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Berkshire Bank 401(k)/Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Berkshire Bank 401(k)/Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • The Berkshire Bank 401(k)/Profit Sharing Plan reported participants rose from 75 in the plan year 2022 filing to 80 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 133509921 · The Berkshire Bank PY 2023 · 401(k)

The Berkshire Bank 401(k)/Profit Sharing Plan · $17M · 80 · 69th

  • NET $17M
  • NET 80
  • NET 69th
  • NET 401(k)
  • NET near Sei-Group 401(k) Plan and Trust
  • NET ind #4874

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 New York →

The Berkshire Bank 401(k)/Profit Sharing Plan in the asset neighbourhood

The Berkshire Bank 401(k)/Profit Sharing PlanThe Berkshire Bank 401(k)/Pr…$17MSei-Group 401(k) Plan and TrustSei-Group 401(k) Plan and Tr…$17MNational Arbor Day Foundation 401(k) Plan and TrustNational Arbor Day Foundatio…$17MMilan Holdings Retirement PlanMilan Holdings Retirement Pl…$17MAbell Retirement Plan and TrustAbell Retirement Plan and Tr…$17M
End-of-year total assets ($M) among The Berkshire Bank 401(k)/Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

The Berkshire Bank multi-year asset trail

Sponsor-wide plan assets over time

All The Berkshire Bank plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.24934813323306% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.7M $18.2M ▲ +33.2%
Year Plans Participants Total Assets
2022 1 75 $14M
2023 1 80 $17M
2024 1 83 $18M

The Berkshire Bank filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN133509921
Plan Effective Date1994-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

The Berkshire Bank 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Berkshire Bank 401(k)/Profit Sharing Plan, Total assets ($B): 0.016723603 · Participants: 80The Berkshire Bank 401(k)/Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
The Berkshire Bank 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare The Berkshire Bank 401(k)/Profit Sharing Plan side-by-side with 3 peers →

The Berkshire Bank 401(k)/Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Sei-Group 401(k) Plan and Trust in FL ($17M); by covered participants it is Environmental Intelligence LLC 401(k) Profit Sharing Plan & Trust in CA (80 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (80 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 Berkshire Bank 401(k)/Profit Sharing Plan assets move in 2023? ▼
The Berkshire Bank 401(k)/Profit Sharing Plan grew sharply - up 22.4% during 2023, from $14M to $17M. Reported net income was $3M.
How have The Berkshire Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Berkshire Bank's sponsor-wide assets grew 33.2%, from $14M to $18M.
Which 401(k) plans are similar in size to The Berkshire Bank 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sei-Group 401(k) Plan and Trust in FL ($17M, 99 participants).
Which 401(k) plans cover a similar participant headcount to The Berkshire Bank 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Environmental Intelligence LLC 401(k) Profit Sharing Plan & Trust in CA (80 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 133509921.

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.