401(k) · DOL Form 5500 · 2023

Kennebunk Savings Bank 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
366
Participants Below avg headcount
80th
Percentile by assets National rank
$85,156
Avg per participant Below avg balance/head
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Official DOL plan name: Kennebunk Savings Bank 401(k) Plan · Sponsored by Kennebunk Savings Bank · Maine · Finance & Insurance

$31M in assets, 366 participants

Kennebunk Savings Bank's Kennebunk Savings Bank 401(k) Plan reported $31M in total assets and 366 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,124 in Finance & Insurance (8,869 peers)

Where Kennebunk Savings Bank 401(k) Plan sits by assets

Kennebunk Savings Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $31M for 366 participants (~$85,156/participant), up 16.0% in 2023.

#6,124
in Finance & Insurance (8,869 peers)
+16.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$31,167,003 Top 20% higher than 80% 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

Kennebunk Savings Bank 401(k) 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. Kennebunk Savings Bank 401(k) Plan sits mid-pack in the medium band (366 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kennebunk Savings Bank 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Kennebunk Savings Bank 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Kennebunk Savings Bank 401(k) Plan reported participants rose from 343 in the plan year 2022 filing to 366 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 010100600 · Kennebunk Savings Bank PY 2023 · 401(k)

Kennebunk Savings Bank 401(k) Plan · $31M · 366 · 80th

  • RANK $31M
  • PHOTO 366
  • IND 80th
  • EOY 401(k)
  • 5500 near Kowert, Hood, Munyon, Rankin & Goetzel, P.C. 401(k) Plan
  • ASSETS ind #6124

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 →

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

Kennebunk Savings Bank 401(k) PlanKennebunk Savings Bank 401(k…$31MKowert, Hood, Munyon, Rankin & Goetzel, P.C. 401(k) PlanKowert, Hood, Munyon, Rankin…$31MParagon Die & Engineering Co Retirement Svgs PlParagon Die & Engineering Co…$31MArkray America, Inc. 401(k) PlanArkray America, Inc. 401(k) …$31MPrinova US LLC 401(k) Retirement PlanPrinova US LLC 401(k) Retire…$31M
End-of-year total assets ($M) among Kennebunk Savings Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$4M
Employer EIN010100600
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennebunk Savings Bank)

Sponsor-wide plan assets over time

All Kennebunk Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$104M 13.947988358425672% vs 2022
2024 filing year
$90M$95M$100M$105M$110M 202220232024 $91.4M $104M ▲ +13.9%
Year Plans Participants Total Assets
2022 2 584 $91M
2023 2 730 $101M
2024 2 629 $104M

Nearby 401(k) Plans in Maine

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

Kennebunk Savings Bank 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Kennebunk Savings Bank 401(k) Plan, Total assets ($B): 0.031167003 · Participants: 366Kennebunk Savings Bank 401(k) 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
Kennebunk Savings Bank 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Kennebunk Savings Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Kowert, Hood, Munyon, Rankin & Goetzel, P.C. 401(k) Plan in TX ($31M); by covered participants it is Rincon Consultants, Inc. 401(k) and Profit Sharing Plan in CA (366 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (366 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 Kennebunk Savings Bank 401(k) Plan assets move in 2023? ▼
Kennebunk Savings Bank 401(k) Plan grew sharply - up 16.0% during 2023, from $27M to $31M. Reported net income was $4M.
How have Kennebunk Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kennebunk Savings Bank's sponsor-wide assets grew 13.9%, from $91M to $104M.
Where does Kennebunk Savings Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Kennebunk Savings Bank 401(k) Plan ranks in the 80th 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 Kennebunk Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kowert, Hood, Munyon, Rankin & Goetzel, P.C. 401(k) Plan in TX ($31M, 54 participants).
Which 401(k) plans cover a similar participant headcount to Kennebunk Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rincon Consultants, Inc. 401(k) and Profit Sharing Plan in CA (366 participants, $32M 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 010100600.

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.