401(k) · DOL Form 5500 · 2023

Androscoggin Savings Bank 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
203
Participants Below avg headcount
76th
Percentile by assets National rank
$122,663
Avg per participant Near avg balance/head
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Official DOL plan name: Androscoggin Savings Bank Thrift 401(k) Retirement Plan · Sponsored by Androscoggin Savings Bank · Maine · Finance & Insurance

$25M in assets, 203 participants

Androscoggin Savings Bank's Androscoggin Savings Bank Thrift 401(k) Retirement Plan reported $25M in total assets and 203 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,689 in Finance & Insurance (8,869 peers)

Coverage in Maine

Androscoggin Savings Bank Thrift 401(k) Retirement Plan covers 203 participants in Maine, about 43% of the average Maine filer (state average ~472 per filing). Assets: $25M.

#5,689
in Finance & Insurance (8,869 peers)
+16.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Androscoggin Savings Bank Thrift 401(k) Retirement Plan's outsized position by total assets

Androscoggin Savings Bank Thrift 401(k) Retirement Plan vs every filed plan by assets

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

$24,900,644 Top 24% higher than 76% 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

Androscoggin Savings Bank Thrift 401(k) Retirement 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. Androscoggin Savings Bank Thrift 401(k) Retirement Plan sits mid-pack in the medium band (203 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Androscoggin Savings Bank Thrift 401(k) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Androscoggin Savings Bank Thrift 401(k) Retirement Plan end-of-year assets rose from $21M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Androscoggin Savings Bank Thrift 401(k) Retirement Plan reported participants rose from 196 in the plan year 2022 filing to 203 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 010020240 · Androscoggin Savings Bank PY 2023 · 401(k)

Androscoggin Savings Bank Thrift 401(k) Retirement Plan · $25M · 203 · 76th

  • PHOTO $25M
  • PHOTO 203
  • PHOTO 76th
  • PHOTO 401(k)
  • PHOTO near Swank Enterprises, Inc. Employee Stock Ownership 401(k) Plan
  • PHOTO ind #5689

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 →

Androscoggin Savings Bank Thrift 401(k) Retirement Plan in the asset neighbourhood

Androscoggin Savings Bank Thrift 401(k) Retirement PlanAndroscoggin Savings Bank Th…$25MSwank Enterprises, Inc. Employee Stock Ownership 401(k) PlanSwank Enterprises, Inc. Empl…$25MThe Gypsum Group 401(k) Plan$25MService Electric Cablevision, Inc. Savings PlanService Electric Cablevision…$25MWilmington Gastroenterology Associates, P.a. 401(k) PlanWilmington Gastroenterology …$25M
End-of-year total assets ($M) among Androscoggin Savings Bank Thrift 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$4M
Employer EIN010020240
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Androscoggin Savings Bank)

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

Nearby 401(k) Plans in Maine

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

Androscoggin Savings Bank Thrift 401(k) Retirement Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Androscoggin Savings Bank Thrift 401(k) Retirement Plan, Total assets ($B): 0.024900644 · Participants: 203Androscoggin Savings Bank Thrift 401(k) Retirement PlanTd 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
Androscoggin Savings Bank Thrift 401(k) Retirement Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Androscoggin Savings Bank Thrift 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Swank Enterprises, Inc. Employee Stock Ownership 401(k) Plan in MT ($25M); by covered participants it is Permian Ford-Lincoln-Mercury, Inc. 401(k) Profit Sharing Plan in NM (203 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (203 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 Androscoggin Savings Bank Thrift 401(k) Retirement Plan assets move in 2023?
Androscoggin Savings Bank Thrift 401(k) Retirement Plan grew sharply - up 16.5% during 2023, from $21M to $25M. Reported net income was $4M.
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.
Where does Androscoggin Savings Bank Thrift 401(k) Retirement Plan rank by assets among Form 5500 filers?
Androscoggin Savings Bank Thrift 401(k) Retirement Plan ranks in the 76th 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 Androscoggin Savings Bank Thrift 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Swank Enterprises, Inc. Employee Stock Ownership 401(k) Plan in MT ($25M, N/A participants).
Which 401(k) plans cover a similar participant headcount to Androscoggin Savings Bank Thrift 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Permian Ford-Lincoln-Mercury, Inc. 401(k) Profit Sharing Plan in NM (203 participants, $7M in assets).