401(k) · DOL Form 5500 · 2023

Partners Bank 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
120
Participants Small participant base
76th
Percentile by assets National rank
$198,149
Avg per participant Above avg balance/head
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Official DOL plan name: Partners Bank 401(k) Savings Plan · Sponsored by Partners Bank · Maine · Finance & Insurance

$24M in assets, 120 participants

Partners Bank's Partners Bank 401(k) Savings Plan reported $24M in total assets and 120 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.

  • #5,605 in Finance & Insurance (8,869 peers)

Coverage in Maine

Partners Bank 401(k) Savings Plan covers 120 participants in Maine, about 25% of the average Maine filer (state average ~472 per filing). Assets: $24M.

#5,605
in Finance & Insurance (8,869 peers)
+23.2%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Partners Bank 401(k) Savings Plan's outsized position by total assets

Partners Bank 401(k) Savings Plan vs every filed plan by assets

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

$23,777,898 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

Partners Bank 401(k) Savings 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. Partners Bank 401(k) Savings Plan sits mid-pack in the medium band (120 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Partners Bank 401(k) Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Partners Bank 401(k) Savings Plan end-of-year assets rose from $19M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Partners Bank 401(k) Savings Plan reported participants rose from 108 in the plan year 2022 filing to 120 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 010154810 · Partners Bank PY 2023 · 401(k)

Partners Bank 401(k) Savings Plan · $24M · 120 · 76th

  • EBSA $24M
  • PART 120
  • TYPE 76th
  • NET 401(k)
  • BOOK near Lakeview Farms, LLC 401(k) Plan
  • VS-ST ind #5605

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 →

Partners Bank 401(k) Savings Plan in the asset neighbourhood

Partners Bank 401(k) Savings PlanPartners Bank 401(k) Savings…$24MLakeview Farms, LLC 401(k) PlanLakeview Farms, LLC 401(k) P…$24MRockland Federal Credit Union 401(k) Profit Sharing PlanRockland Federal Credit Unio…$24MThe Vantage Group Retirement PlanThe Vantage Group Retirement…$24MNew Era Life Insurance Company 401(k) Profit Sharing Plan & TrustNew Era Life Insurance Compa…$24M
End-of-year total assets ($M) among Partners Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$24M
Net Income$4M
Employer EIN010154810
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Partners Bank)

Sponsor-wide plan assets over time

All Partners Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 43.27694684845793% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.1M $27.4M ▲ +43.3%
Year Plans Participants Total Assets
2022 1 108 $19M
2023 1 120 $24M
2024 1 126 $27M

Nearby 401(k) Plans in Maine

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

Partners Bank 401(k) Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Partners Bank 401(k) Savings Plan, Total assets ($B): 0.023777898 · Participants: 120Partners Bank 401(k) Savings 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
Partners Bank 401(k) Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Partners Bank 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Lakeview Farms, LLC 401(k) Plan in OH ($24M); by covered participants it is Southgroup 401(k) Plan in MS (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 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 Partners Bank 401(k) Savings Plan assets move in 2023? ▼
Partners Bank 401(k) Savings Plan grew sharply - up 23.2% during 2023, from $19M to $24M. Reported net income was $4M.
How have Partners Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Partners Bank's sponsor-wide assets grew 43.3%, from $19M to $27M.
Where does Partners Bank 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Partners Bank 401(k) Savings 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 Partners Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lakeview Farms, LLC 401(k) Plan in OH ($24M, 605 participants).
Which 401(k) plans cover a similar participant headcount to Partners Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southgroup 401(k) Plan in MS (120 participants, $13M 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 010154810.

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.